May 3rd, 2020
Mining companies and explorers came from far and wide to lodge tenders in Victoria’s hotly contested release of four exploration blocks surrounding Kirkland Lake’s (ASX:KLA) fabled Fosterville gold mine near Bendigo.
Tenders for the mineral exploration rights to the four “prospective’’ blocks closed in February and the winners were due to be announced about now.
Success with the tenders was set to be a major value-creating event – prompting the need for the process to be overseen by an independent probity adviser.
But COVID-19 has got in the way, with the government now saying an announcement on the outcome of the tender has been delayed until the second half of the year.
Read the full article at Stockhead.