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Just4kicks

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10/02/21

18:31

Post #: 50871901
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Originally posted by perdant: ↑

Hi@HaastsEagle,
The Northern block is held by Silver Lake Integra, is 6 blocks and was granted 5/12/12 current until 4/10/22.
The westerly one is listed as an EEL35. Tengraph explains this as:

This parcel of land is in the eastern goldfields and is an East Location that had freehold title issued pre 1899.The title allows the owner of the location to retain mineral rights, therefore the provisions of the Mining Act1978 & Regulations 1981 do not apply. Exploration and mining, (including gold, silver and precious metals),with other parties is handled by agreement with the location owner rather than by statute with DMIRS.These exempt locations are governed by the Mining on Private Property Act 1898 - referred to in the MiningAct 1978 under Section 27(2) and the locations involved are listed under the Third Schedule of the Act.Although these locations now fall within other land districts, (such as Hampton or Ngalbain), they retain theprefix of East as the land title description.Other Acts administered by the Department do have jurisdiction over these locations, such as the MinesSafety & Inspection Act 1994 and the Dangerous Goods Safety Act 2002.

Hope that helps,
Perdy

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If SLR have the block in the centre and over 300m cash (not paying div.) Bet they're keeping a close eye on BRB's drill results.

BRB Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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