Argonaut dealt a blow in South Australia
PERTH (miningweekly.com) – The South Australian Supreme Court has stripped Aboriginal Heritage Act authorisation granted to junior Argonaut Resources’ subsidiary, Kelaray, at the Murdie project.
The authorisation was granted on December 29, 2020 by then South Australian Premier Steven Marshall, for exploration works at the Murdie project.
Argonaut told shareholders on Thursday that the majority of the application as pressed by members of the Barngarla Determination Aboriginal Corporation was dismissed and that the review succeeded only on a very limited basis.
The ASX-listed company warned that the judgement has the potential to disrupt several major South Australian construction projects with similar authorisations including the new Women’s and Children’s Hospital project.
“Initial interpretation of the judgement suggests that new development authorisations granted by the South Australian government can accommodate the issue identified by the Court. The company will contact the government as a matter of urgency to ascertain its position with regards to the reissue of the Murdie authorisation. Counsel for Kelaray is considering the judgement and will advise the company on the merits of an appeal,” Argonaut said in a statement.
The Murdie project comprises two exploration licences and covers an area of 1 015 km2 that is contiguous with the company’s Torrens joint venture project and located within 10 km of Oz Minerals’ Carrapateena deposit.
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