Valiant Gold (ASX:VAL) has executed a mining services agreement with Mako Mining to begin dewatering and rehabilitation at its Comet Gold Project, located in Murchison, Western Australia, in preparation for mine restart.
Mobilisation to site is taking place in June, with access to the underground portal anticipated shortly thereafter.
Valiant selected Mako Mining as the preferred partner due to its track record in underground mine development and production, specifically specialised narrow-vein mining services across Western Australia.
Dewatering activities are anticipated to be completed in the H2 FY27.
Mining engineering and technical studies continue to progress in support of the planned restart, which will form the basis for requesting tenders for the main underground mining contract in June 2026.
Alongside these works, the company has identified and placed orders for several essential infrastructure items with long lead times to enable a smooth pathway to restart operations.
“With the mining services agreement secured and key technical and operational positions filled, the business is well positioned to ramp up on mine restart activities and drilling across our highly prospective brownfields asset base,” CEO Brendan Tritton says.
Demerged from Westgold Resources, (ASX:WGX) Valiant Gold is an emerging Western Australian gold miner focused on its Murchison assets, with the company holding 100% of the Reedy and Comet gold projects.
Write to JC Villarba at Mining.com.au
Images: Valiant Gold
