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Santana Minerals Limited (ASX:SMI)

ALERT: Price-sensitive ASX Announcement for SMI
Current share price for SMI : $0.405 -0.39 (-49.06%)+
Announcement
Release
24 Nov 2025 9:13AM
Price at Release
$0.795
Full Release
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Summary
Santana Minerals Limited announced that the Environmental Protection Authority (EPA) has accepted their Fast-track Approvals application for the Bendigo-Ophir Gold Project in New Zealand. This acceptance allows the application to proceed to the assessment phase. An expert panel will be convened to review the application, with a decision expected in approximately six months. CEO Damian Spring highlighted this acceptance as a significant milestone, indicating the project is well-developed. If the process yields a positive outcome, construction is anticipated to begin in mid-2026. Santana will provide updates throughout the FTA process.
Key Points
  • Santana Minerals Limited's Fast-track Approvals application accepted by EPA
  • Application pertains to the Bendigo-Ophir Gold Project in New Zealand
  • The application will move to the assessment phase with an expert panel
  • A decision is expected in approximately six months
  • Construction anticipated to commence in mid-2026 if approved
  • CEO Damian Spring highlighted the significance of this milestone
  • The company will update the market as the process advances
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.