ASX / MEDIA ANNOUNCEMENT 29 May 2017 Minister Approves Mount...

ASX / MEDIA ANNOUNCEMENT 29 May 2017 Minister Approves Mount Morgan Heritage Application
Carbine Resources (ASX:CRB) is pleased to advise that it has taken another significant step towards development of its Mount Morgan Gold Copper Project in Queensland, with the Minister of Natural Resources and Mines (DNRM) granting final Heritage approval (Rockhampton Bulletin, Public Notice, Monday 29 May 2017).   
Carbine Managing Director, Tony James, said he was delighted to see another milestone achieved for the Project and the Company continues working to progress the project development as quickly as possible.
Mr James said, “Sincere congratulations must be passed on to the many stakeholders and professionals who were intimately involved with the Heritage application.  Those people, diligently working through this process, should be tremendously proud of what they have achieved for Mount Morgan and the Central Queensland community.”
The Heritage application is the first of 3 major approvals required for the Project to proceed.  The approval is for “The application by the State under section 71 of the Queensland Heritage ACT 1992 to make safe works associated with the Mount Morgan Project” and it paves the way for a Heritage Agreement to be established between the Company and the Department of Environment and Heritage Protection (DEHP) to build the Project.  The application was previously endorsed by the Queensland Heritage Council (QHC) (ASX: 27 April 2017).
The two other regulatory approvals required for the development of the Mount Morgan Project are an Environmental Authority (EA) amendment and a Regional Interests Development Approval (RIDA).  
A draft Environmental Authority (EA) amendment application was submitted to the DEHP and is currently under review in consultation with the Company and the DNRM.  The EA was previously approved for the Project in 2010.
The development application associated with Regional Interests Development Approval (RIDA) was submitted in January 2017 to the Department of Infrastructure, Local Government and Planning (DILGP).  This application is also nearing completion following the provision of additional information and detailed review of that information.  
The Company continues to work closely with the Queensland Government and is encouraged by the ongoing support from the Minister and Officers of the Departments of State Development and Natural Resources and Mines (as appended).  
The Company also submitted an application to the Queensland Government for financial support from the Jobs and Regional Growth Fund in relation to the development of the Mount Morgan Project.  Further detail about the Fund can be found on the website, www.statedevelopment.qld.gov.au/industry/industry-support/jobs-and-regionalgrowth-fund
For further information, please contact:  
Investors Media
Tony James – Carbine Resources  Paul Armstrong – Read Corporate +61 8 6142 0986 +61 8 9388 1474