Announcements
26th September 2024
MinSort Tech Pty Ltd is pleased to announce the successful transfer of two additional mining leases from the Hodgkinson 14 project as of 11th July 2024. This brings the total transferred leases to 13, with the final 14th lease expected to be completed in the near future.
MinSort is actively mining and conducting further testing in the western region of the entire Hodgkinson 14 project. We are also developing a comprehensive data overlay to assess the reserve’s potential from the east, through the centre, to the west. The outlook continues to improve as the gold price has surged by 25% since the completion of our 2023 mining test season.
Despite starting the current season late due to access issues caused by Cyclone Jasper, we have processed 6,155 cubic metres of gold-bearing material so far, with daily improvements in our processing techniques. Our concentrators have proven highly reliable throughout the season, operating in hive formation for the first time and enhancing efficiency.
Stay tuned for further updates as we continue to optimise our operations and capitalise on the positive market conditions.
21st June 2024
MinSort Tech Pty Ltd is thrilled to announce the successful transfer of the first parcel of 11 gold mining leases to our company. These leases cover approximately 345 hectares of rich alluvial land. In addition, we are in the process of transferring three more adjacent mining leases, which will add another 85 and 98 hectares, respectively. This will bring MinSort Tech’s total mining area to approximately 550 hectares.
This significant acquisition marks a pivotal moment for MinSort Tech. Our flagship project is not only aimed at the recovery of gold but also represents our strategic investment in gold diversification. As we gear up for the start of the 2024 mining season, we are eager to showcase the pinnacle of our recovery technology.
We will keep you updated on the progress and success of our operations in due course.
Thank you for your continued support.
At MinSort Tech, we take pride in the composition of our board and founding shareholders, with both groups comprising 50% First Nations People. This representation reflects our deep commitment to diversity, equity, and inclusion, and signifies our respect for the land and the rich cultural heritage of the regions where we operate. Our projects are conducted with the utmost regard for the environment and the communities that have stewarded these lands for generations. We believe that our unique composition and values place us in a position to operate not just with financial success in mind, but with a profound respect for the land and culture that surround us on every project we undertake.
