Permitting Commences for 15-Mile Processing Hub
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| Stock | ST Barbara Ltd (SBM.ASX) |
|---|---|
| Release Time | 19 Jun 2026, 8:19 a.m. |
| Price Sensitive | Yes |
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St Barbara Commences Permitting for 15-Mile Processing Hub
Key Points
- Initial Project Description submitted to Impact Assessment Agency of Canada
- Project aligns with Pre-Feasibility Study design, targeting over 100kozpa production
- Redesign incorporates feedback from stakeholders, reducing environmental impact
Full Summary
St Barbara Limited has submitted the Initial Project Description (IPD) for the 15-Mile Processing Hub Project to the Impact Assessment Agency of Canada. The IPD submission marks a significant milestone in the project's progression, reflecting the company's efforts to redesign and strengthen the project to address feedback from regulators, local communities, and Mi'kmaq communities. The project is expected to produce more than 100,000 ounces of gold per annum over more than 11 years based on Proven and Probable Ore Reserves. The IPD submission will now be subject to public comment and a Summary of Issues review before a determination on the permitting pathway is made.
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