Mount Burgess Mining N.L. (AU:MTB) has released an update.
Mount Burgess Mining N.L. has reached a pivotal stage in its environmental approval process, with its Final Environmental Impact Assessment (EIA) for the Nxuu Deposit Infill Drilling Programme advancing to public review, as directed by Botswana’s Department of Environmental Protection. The proposed drilling activity, anticipated to have minimal environmental impact, is set to proceed after a two-week public commentary period, potentially leading to a 2,600m infill drilling program essential for upcoming feasibility studies. This development marks a significant step towards the execution of the company’s drilling plans within tribal land used for cattle grazing.
For further insights into AU:MTB stock, check out TipRanks’ Stock Analysis page.
