Renascor Resources Ltd (ASX:RNU) has advanced the Siviour Graphite Project’s mining lease application and expects to lodge it with the South Australian Department for Energy and Mining later this quarter.
The company recently finalised work programs that support its mineral claim application for the project, a pre-requisite to the grant of a mining lease.
READ: Renascor Resources raises over $7.7 million to fast-track Siviour Graphite Project
In preparation for the application, Renascor commissioned independent third-party specialist studies in respect of technical disciplines, including geochemistry, tailings, groundwater, surface water, air quality, noise, flora and fauna and soil.
All specialist reports are at or near completion, with no significant impediments identified.
Renascor is incorporating the specialist findings into the Siviour mining lease application in consultation with the Department of Energy and Mining.
READ: Renascor Resources reveals robust economics for its graphite project in South Australia
After lodging the application, Renascor will continue its engagement with key stakeholders, including landowners, the district council of Cleve, community groups and other interested parties.
Upcoming development activities at the project will include:
Completion of a pre-feasibility study for the downstream production of uncoated spherical graphite
Reserve definition and metallurgical drilling, variability and optimisation mineral process testing, and other mining and engineering studies to support production of Siviour graphite concentrates
Advanced offtake negotiations with potential purchasers of Siviour production
Completion of a definitive feasibility study
Negotiations regarding financing a stage-one graphite concentrate facility at Siviour