Scoop has an Ethical Paywall
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Northland tender important step to scoping gold potential

13 June 2012

Media release for immediate use

Northland minerals tender important step to scoping gold potential in region - Straterra

Straterra welcomed today the announcement today made by New Zealand Petroleum & Minerals inviting tenders for metallic mineral exploration permits in Northland.

Straterra CEO, Chris Baker, said today: “It will be interesting to see who puts in a bid, and what their intentions for the area are.”

Information about permits awarded is to be made public in April 2013, with individual permit areas to be limited to 7500 ha. The tender process follows a recent aeromagnetic survey commissioned by the Government of the region’s metallic minerals prospectivity.

“We can’t say for sure that a new gold mine in Northland will happen, however, we do know that existing gold mines in New Zealand can add hundreds of direct jobs to the local economy, and hundreds more indirect jobs.”

“Of course, any prospecting, exploration, and mining development would be done in an environmentally and socially-responsible, and safe manner,” Mr Baker said. “New Zealand gold mining companies have an exemplary track record in this area.”


ENDS

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.