The Round Oak Board has approved funding for the Definition Phase Study for the Stockman Copper-Zinc Project in Victoria. The Definition Phase Study is expected to be completed by the end of the first quarter of 2022 and is the final step prior to project construction.
The objective of the study is to assess a number of enhancements to the current base case of the Project. The main site activities will include a diamond drilling program to collect samples for metallurgical test work, which will use existing drill pads and access tracks. All primary approvals are in place for the development of the project and the secondary approvals required to progress to construction will be obtained as part of the Definition Phase Study.