> Trans-Tasman Resources (TTR) Marine Heavy and Precious Metals Project
> Westland Sands Prospecting Permit Application, Offshore South Island
>

> TTR has applied to New Zealand Petroleum and Minerals for a 4,436km2 Prospecting Permit offshore along the West Coast of the South Island.

> The Permit, extending from Ross in the south to north of Karamea, is located from 1 kilometre offshore out to the 12 nautical mile territorial limit (see attached plan). The application covers an area where previous exploration has identified a number of seafloor deposits of heavy mineral sands and precious metals. TTR's exploration activities will focus on developing offshore mineable resources of iron rich mineral sands known to host ilmenite, zircon, garnet and gold.
>
> These Westland Sands seafloor heavy and precious mineral deposits, in around 20 to 80 metres of water, will be amenable to conventional seafloor mining technology currently being developed by TTR for its offshore South Taranaki Bight iron sands project along the west coast of the North Island NZ.
>
> TTR will utilise its current proprietary seafloor drilling technology, exploration, geological, engineering and permitting expertise, developed on its South Taranaki Bight iron sands project, to assess the potential of the Westland Sands targets and resources.
>
> TTR will work and liaise closely with the relevant authorities and all stakeholders, including the West Coast Regional Council, to ensure that its activities comply with the requirements of the Resource Management Act 1991. Any future proposals by TTR to exploit any defined mineral resources will employ world's best practice, deliver substantial economic benefits and be environmentally sustainable.

ends

© Scoop Media