ASX:SMIMetals and Mining
Why Santana Minerals (ASX:SMI) Is Up 10.0% After Securing a 25-Year Permit for Bendigo-Ophir Project
Santana Minerals Limited has been granted a 25-year mining permit for its Bendigo-Ophir Gold Project in Central Otago, New Zealand, allowing full extraction and processing rights at the Rise & Shine deposit and neighboring areas.
This milestone secures a pivotal regulatory step, setting the stage for potential construction and first gold production pending environmental approvals expected by mid-2026.
We’ll now explore how obtaining this critical permit may influence Santana Minerals’...