Retrospective Environmental Approval for Gorno Permit

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Stock Altamin Ltd (AZI.ASX)
Release Time 9 Feb 2026, 8:16 a.m.
Price Sensitive Yes
 Retrospective Environmental Approval for Gorno Permit
Key Points
  • Italian Ministry of Environment and Energy Security issued positive retrospective Environmental Impact Assessment (EIA) for Cime exploration permit at Gorno Project
  • EIA approval incorporates favourable opinions from national, regional and cultural authorities, enhancing future permitting position
  • Supports Altamin's focus to unlock value from Gorno Project and ongoing Strategic Process
Full Summary

Altamin Ltd (ASX: AZI) has announced that the Italian Ministry of Environment and Energy Security (MASE) has issued a positive retrospective Environmental Impact Assessment (EIA) for the Cime exploration permit (Cime EL) at the Gorno Project. The EIA approval incorporates favourable opinions from all relevant national, regional and cultural authorities, and enhances the future permitting position of the Gorno Project. This development supports Altamin's ongoing focus to unlock value from the Gorno Project and underpins the ongoing Strategic Process being led by Argent Partners. The Gorno Project is a high-grade, brownfield Zinc, Silver and Lead deposit supported by extensive existing underground infrastructure, with a long history of clean concentrate production and a strategic location within the European Union. The EIA approval is subject to several conditions, including maintaining a drill hole database, continuing water and biodiversity monitoring programs, and ensuring drill core and geological materials remain available for inspection. The EIA approval materially strengthens the regulatory position of the Gorno Project, providing Vedra the ability to continue with approved activities for the Cime EL and support future applications for Exploration or Mining Licences.