Medallion Metals (ASX:MM8) has been granted approval for development activities at the Ravensthorpe Gold Project in Western Australia, under the Environment Protection and Biodiversity Conservation (EPBC) Act 1999.
The company says this approval was the final primary environmental approval required to conduct development at the project.
At Ravensthorpe, Medallion is utilising its sulphide production strategy, which involves underground mining at the project, as well as processing at Forrestania.
The company says the approval under the EPBC Act removes a material permitting risk for the sulphide production strategy.
Managing Director Paul Bennett says the approval is a significant milestone that “reflects the quality of the project and the disciplined and thorough approach taken throughout the assessment process”.
“I would like to acknowledge the work of the Medallion team and our advisors in progressing the approval efficiently and within expected timeframes,” Bennett says.
“Similarly, the team at the Department of Climate Change, Energy, the Environment and Water should be commended for the clear communication and timely responses throughout the assessment process.
“With the final primary environmental approval now in place, we have materially reduced development risk at Ravensthorpe and are well positioned to advance the project toward development and production with certainty.”
Medallion Metals is a gold and copper explorer focused on advancing assets in Western Australia. The company is presenting at the RIU Explorers Conference in Fremantle 17-19 February. Mining.com.au is an official media partner of this year’s event.
Write to Maddison Elliott at Mining.com.au
Images: Medallion Metals
