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Carbine Resources Secures Mining Lease for Muchea West Silica Sand Project

Story Highlights
  • Carbine Resources Limited focuses on silica sand mining in Western Australia.
  • The company has secured a mining lease for the Muchea West Silica Sand Project, pending further approvals.
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Carbine Resources Limited ( (AU:CRB) ) has provided an update.

Carbine Resources Limited has been granted a mining lease for its Muchea West Silica Sand Project by the Western Australian Department of Energy, Mines, Industry, Regulation and Safety. This milestone does not yet allow for mining activities to commence, as further statutory and environmental approvals are needed. The company has been collaborating with key stakeholders, including DEMIRS and the Department of Defence, to advance the project and will continue to provide updates to shareholders.

More about Carbine Resources Limited

Carbine Resources Limited is involved in the mining industry, focusing on the extraction and production of silica sand. The company is primarily engaged in developing the Muchea West Silica Sand Project in Western Australia.

Current Market Cap: A$2.21M

For detailed information about CRB stock, go to TipRanks’ Stock Analysis page.

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