VRX Silica Limited (VRX or Company) (ASX: VRX) announces it has received notice from the Yamatji Marlpa Aboriginal Corporation (YMAC) that conclusive registration of the Yamatji Nation Indigenous Land Use Agreement (ILUA) is expected today, in accordance with the terms of the ILUA.
VRX has been in consultation with the Department of Mines, Industry Regulation and Safety (DMIRS) about the grant of the Mining Leases and Miscellaneous Licences under the ILUA. This process includes a requirement that the Department of Premier and Cabinet formally notifies the Yamatji representative regional entity and DMIRS of the ILUA’s conclusive registration within five business days of it occurring. The Company expects the Mining Leases and Miscellaneous Licences to be granted shortly after such notification.
So the answer to the delays was that the government changed the process half way through (for whatever reason) and now we are clear for takeoff... MLs within a week i reckon.
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