Feb 21, 2019

Golden opportunity for Laneway Resources

Golden opportunity for Laneway Resources The State Government has granted Laneway Resources a lease to develop a gold mine near Forsayth.

An Australian company has been granted a mining lease by the State Government to develop a new gold operation near Forsayth in Queensland’s Gulf country.

Mines Minister Dr Anthony Lynham said the 20-year lease was for Laneway Resources to develop its Agate Creek project, 40km south of Forsayth. 

Ore from Agate Creek will be road hauled to Maroon Gold’s Black Jack Processing Plant at Charters Towers for treatment. Production is expected to begin in April.

“Laneway Resources plans to hit the ground running, teaming up with Maroon Gold to allow work to start immediately,” Dr Lynham said.

“Agate Creek mine will be powered by 20 local jobs in the first phase of the project.

“This is projected to increase to 80 jobs in phase two, when an onsite processing plant is added to increase the mining output from 100,000 tonnes to 700,000 tonnes per annum.

“As part of their mining lease application and Native Title agreement, mine owners Laneway Limited have committed to employing local residents, and will offer training and business opportunities for traditional owners, the Ewamian people.”

Dr Lynham said the companies had met land access agreements and fulfilled all existing environmental and Native Title requirements.

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