Korella North Mine Permitting Advances Step by Step

Chatham Rock Phosphate Ltd.’s Korella North mine ML100379 permitting process is moving forward with full execution of the Section 31 deed, advertising the notice of intention to grant the mining lease and notification of neighbours.

ML100379 covers an area of 118.62 hectares and is located six kilometres southeast of the Monument at Phosphate Hill. The grant of the mining lease includes the granting of access over the adjacent Phosphate Hill-Townsville rail line to the Phosphate Hill-Duchess Road.

The grant of the mining lease is under the Queensland Mineral Resources Act 1989 and is for a term of 10 years with the ability to apply for a further renewal for a term not exceeding 10 years.

Following signing of the ancillary agreement with the Yulluna people, the Queensland Department of Resources, under the Commonwealth Native Title Act 1993, prepared the Section 31 deed for signing by the Yulluna people and Chatham Rock.

The deed, signed by the Yulluna people and Chatham Rock, having been returned to DOR, has been signed by it and is fully executed.

DOR issued on May 17 the notice of intention to grant mining lease 100379, and the 20-business-day period for objections has commenced. With the notice advertised and available on the Chatham Rock website, the nearest neighbour Mayfield station has been visited.

To enable the grant of ML100379, the mine access road is required to have approval from Queensland Rail for a crossing on the Phosphate Hill-Townsville rail line and approval from Cloncurry Shire Council for a new intersection on the Phosphate Hill-Duchess Road. Applications for both consents were lodged on April 16, 2024.

Queensland Rail has commenced evaluation of the proposed crossing and has already advised that it will require a mining compensation deed to be concluded along with approval of the design of the rail crossing, as well as a project interface agreement and statutory interface agreement.

Newly engaged Cloncurry-based consultant town planner, armed with the basis of a road maintenance charge, has commenced discussions with Cloncurry Shire Council to facilitate approval for the intersection and completion of a road maintenance agreement.

The company will keep shareholders updated on the progress of the approvals being processed by Queensland Rail and Cloncurry Shire Council.

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