[table][tr][td][table][tr][td][color=#023b59][size=2][font=Tahoma, Verdana, Arial]17 May 2013[/font][/size][/color][/td][/tr][tr][td][color=#000000][size=1][font=Arial, Verdana, Tahoma]Southern Grampians Shire Council Mayor, Cr Albert Calvano has welcomed the announcement that Northern Platinum Pty Ltd will acquire the mineral tenements of the Stavely area upon transfer to their company next week.
The Stavely tenement is located 4km east of Glenthompson and was previously held by BCD Resources. Discovered in 2008, past exploration had revealed multiple copper deposits associated with porphyry intrusions that occur with only a shallow covering of soil.
Council was delighted to welcome Northern Platinum’s Director, Chris Cairns and Field Manager, Quanda Te Tai to our Shire for an update and discussions leading to greater understanding of their future operations for the site this week.
Northern Platinum Director Chris Cairns said, “Further exploration success will be required to ensure the feasibility of the project and this will take up to two years from the point of initial exploration before a final decision can be made to proceed to develop the site.”
Mr Cairns confirmed that if the project were to go ahead, a number of jobs would be created locally in the Shire.
“If our exploration is successful in identifying enough additional copper mineralisation and this then leads to a development decision, up to 140 positions would be created in the twelve month construction of the site and a further 60 full time employees would be required to run the operations of the mine.
“It would be our company’s preference to employ locals rather than import staff from interstate, which would be a huge boost in employment for the region.
“Our initial projections indicate more than 10,000 tonnes of concentrate per annum could be shipped to Japan, China or Korea over the life of the mine.”
He also cited the access to power via the Oakland’s Wind Farm, access to rail and the skilled workforce of the area as key factors to the potential development of the site.
Southern Grampians Shire Council Mayor, Cr Albert Calvano was pleased to receive the update and reiterated the excellent amenities, education and health facilities of the Shire that are important factors in attracting and maintaining a skilled workforce which supports developments such as the Stavely Copper Project.
“Council welcomes Northern Platinum to the Southern Grampians Shire and will offer all the support necessary to bring the site to fruition and see a continued renaissance in mining activity to our economy and to our Shire.”[/font][/size][/color][/td][/tr][/table][/td][/tr][/table]