Padbury granted mining lease for Telecom Hill
PERTH (miningweekly.com) – ASX-listed Padbury Mining has had the mining lease over its Telecom Hill iron project, in Western Australia, approved.
Over the past four years, the company has completed multiple exploration and evaluation programmes at the Telecom Hill project, defining a Joint Ore Reserves Committee-compliant mineral resource of 925-million tonnes, grading 27.22% iron.
The company also completed a number of baseline environmental, metallurgy, mining and infrastructure studies, which were used to establish the project parameters required for the mining lease application.
During the remainder of the year, Padbury’s focus would be on further exploration work at potential drill targets identified between the Telecom Hill East and Telecom Hill West mineral deposits.
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