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.
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.