Orange Minerals secures key Ghana approval for Tepa Gold Project licences

Orange Minerals NL ( (AU:OMX) ) has issued an announcement.

Orange Minerals NL has secured ministerial consent in Ghana for the assignment of three prospecting licences at the Tepa Gold Project to its wholly owned subsidiary, Hunsuyesi Resources Limited. The approval, following a recommendation by the Minerals Commission, is a key regulatory milestone that paves the way for the formal transfer and registration of the licences.

This consent under Ghana’s Minerals and Mining Act gives Orange a clear pathway to commence and advance exploration at Tepa, which is located along strike from Asante Gold’s Bibiani and Chirano mines in a multi‑million‑ounce gold district. The move marks a significant step in Orange’s strategic entry into Ghana, potentially strengthening its international growth profile and diversifying its exploration footprint beyond Australia for the benefit of shareholders and other stakeholders.

The most recent analyst rating on (AU:OMX) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Orange Minerals NL stock, see the AU:OMX Stock Forecast page.

More about Orange Minerals NL

Orange Minerals NL is an Australian exploration company focused on polymetallic deposits, including zinc, lead, copper, silver and gold, in Western Australia’s Pilbara region and New South Wales’ Lachlan Fold Belt. The company is also expanding internationally, preparing to launch exploration at the Tepa Gold Project in Ghana’s prolific Sefwi belt as it advances a portfolio of early-stage assets through systematic, data-driven exploration.

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