HGO 3.08% 6.7¢ hillgrove resources limited

hillgrove gets state approval for its kanmanto

  1. 578 Posts.
    Source: "AdelaideNow"
    December 18, 2009 11:45am

    "SOUTH Australia's newest mine was approved today in a move expected to generate more than 150 jobs.

    The State Government approved Hillgrove Resources' copper and gold mine at Kanmantoo, located 16km east of Mt Barker, as the next stage in SA's mining boom.

    "This demonstrates that South Australia's mining boom is off and running,'' Acting Premier Kevin Foley said.

    "This will be a fantastic fillip for the local community with the potential to directly generate many new jobs for the local economy.''

    Hillgrove Resources managing director David Archer welcomed the approval, which was based on the company's Mining and Rehabilitation Plan.

    Hillgrove announced in June it was looking for a joint venture partner to finance its Kanmantoo mine, which is one of its major assets.

    The original start date of the mine has been pushed back a year, although Mr Archer said the project was set to begin during the first quarter of 2011."
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