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Carbine Resources Limited (ASX: CRB) has been granted a 21-year mining lease (M70/1433) for its Muchea West Silica Sand Project by the Western Australian Department of Energy, Mines, Industry, Regulation and Safety. This lease covers a portion of the project’s 110 million tonne resource with a high-grade purity of 99.65% SiO₂. Although this milestone strengthens Carbine’s development strategy, mining activities cannot begin until further statutory approvals, including environmental and defence-related consents, are obtained. Carbine has collaborated closely with key stakeholders, including the Department of Defence and DEMIRS, and aims to build on these relationships during the next approval phase. The lease supersedes earlier applications that overlapped with the new grant area. Carbine’s announcement aligns with prior disclosures and maintains the integrity of its previously reported resource estimates.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.