💥Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Taiton Resources cleared to pursue exploration upon completion of heritage survey at Highway Project

Published 03/02/2023, 11:45 am
Updated 03/02/2023, 12:00 pm
© Reuters.  Taiton Resources cleared to pursue exploration upon completion of heritage survey at Highway Project

Taiton Resources Ltd (ASX:T88) is now cleared to pursue exploration at its Highway project after the completion of an aboriginal cultural heritage survey at its site in South Australia.

The anthropology and archaeology survey was conducted by the Antakirinja Matu-Yankunytjatjara Aboriginal Corporation (AMYAC) in conjunction with Sandra Jarvis and Fraser J Vickery.

The purpose of the survey is to determine whether the proposed work program would damage, disturb or interfere with any areas of significance as defined in the Aboriginal Heritage Act (SA) 1988 or the Aboriginal and Torres Strait Islander Heritage Protection Act 1984.

What’s more, members of AMYAC will also monitor the clearing of the drill pads at the project site.

Just weeks after listing

Taiton managing director Noel Ong said: “This has been a great team effort to have the ground cleared for exploration activities just weeks after our listing on the Australian Stock Exchange (ASX).

“Our exploration team is currently on the ground and will be conducting mapping and surface sampling in anticipation for our IP survey and impending maiden drilling program.

“Our focus is now to complete the mapping and surface sampling within a week.

“This will allow the exploration team to refine our IP Survey.”

The final completed cultural heritage survey at the Highway project in South Australia.

About the project

The Highway Project is about 590 kilometres from the state capital of Adelaide and 186 kilometres north of Port Augusta and is bisected by the Stuart Highway (A87).

The nearest town is Glendambo which is an important stopping point on the Stuart Highway as there are no further facilities until Coober Pedy 254 kilometres to the north.

Access to the site is via tracks off the main Stuart Highway by the Bil La Kalin Road to the east and the Hawks Nest Bore Road for northern access. An all-weather airstrip is situated at Glendambo.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.