Norwest Minerals Limited (ASX:NWM) Secures State Deed for Bulgera Gold Project
State Deed Approval
Norwest Minerals Limited (ASX:NWM) has received approval for the State Deed for Grant of Mining Tenement for its Bulgera Gold Project from Marputu Aboriginal Corporation RNTBC.
Next Steps
The State Deed will be lodged with the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS) for execution by the Minister of Mines and Petroleum. Norwest expects DEMIRS to formally approve the Mining Lease thereafter.
Project Development
The Company is finalising its Bulgera Mining Proposal to negotiate with Marputu AC. This ensures project activities minimises impacts on Aboriginal Cultural Heritage and protects the rights of the Gingirana Native Title Holders.
Executive Comments
CEO Mr Charles Schaus commented: “I would like to thank the Marputu AC and its representatives Central Desert Native Title Services for their continued support. The execution of the State Deed is a key milestone in advancing the development of the Bulgera Gold Project during a period when the strong gold price has potential to benefit all stakeholders.”
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