Juno Minerals (ASX:JNO) has received final project approval for its Mount Mason Direct Shipping Ore (DSO) Hematite Project following the receipt of a Native Vegetation Clearing Permit.
The news, which follows the granting of a Works Approval Application in January and a further NVCP for the Yunndaga rail siding in December 2021, marks a milestone for the company as it moves forward with critical steps required to deliver the project.
The company reports that work will now focus on sourcing logistics and supply chain agreements that will enable it to export DSO via rail, through the Port of Esperance.
Mount Mason is located 12km northwest of the Mount Ida magnetite project, with hematite mineralisation associated with Banded Iron Formation mapped out over a 600m x 200m area.
Juno has stated that the project presents potential for near-term, low-cost startup, with a short payback period and strong positive cashflows.
Images: Juno Minerals Limited
