Chatham Rock Phosphate (TSE:NZP) has released an update.
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Chatham Rock Phosphate Limited progresses towards the acquisition of a 10-year Mining Lease for Korella North Mine, potentially renewable for equal terms. The company has advanced in the permitting process by posting a Notice of Proposed Grant and is close to finalizing negotiations with the Yulluna People. Shareholders are to be kept informed as the company moves towards finalizing the ancillary agreement necessary for the lease grant.
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