logo-loader
viewTyranna Resources Ltd

Tyranna Resources lodges approval applications to commence gold mining

Approvals have been lodged with the Department of Mines, Industry Regulation and Safety (DMIRS).

Tyranna Resources Ltd - Tyranna Resources lodges approval applications to commence gold mining
Negotiations with nearby mills have also been on-going

Tyranna Resources Ltd (ASX:TYX) has lodged approvals to commence mining operations at its Eureka Gold Project in Western Australia.

The project hosts the historical Eureka gold mine and Tyranna completed a restart study in May 2019 outlining a two-month mining operation that would generate $2.6 million in cash flow.

The study and proposed mining operation is based on the JOR resource of 762,000 tonnes grading 1.8 g/t gold for 43,100 ounces of gold.

Shareholders will be updated as soon as all relevant approvals to commence mining operations have been received.

READ: Tyranna Resources progressing work to make decision-to-mine at Eureka

Tyranna is also planning to drill four holes at the Whale area within the Goodsprings Base Metals Project in the US state of Nevada.

A drilling approval application has been lodged and Tyranna is now responding to requests from the relevant authority about the proposed drill program.

Quick facts: Tyranna Resources Ltd

Price: 0.005 AUD

ASX:TYX
Market: ASX
Market Cap: $4.71 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Tyranna Resources Ltd named herein, including the promotion by the Company of Tyranna Resources Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Delecta Limited MD outlines attraction of Highline Copper-Cobalt Project

Delecta Limited (ASX:DLC) managing director Malcolm Day tells Proactive Investors that due diligence works on the Highline Copper-Cobalt Project in the Goodsprings district of Nevada, USA, are progressing well. The company is currently utilising a 90-day option period to complete a geological...

on 15/11/18

2 min read