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- Taruga Minerals’ (TAR) subsidiary, Strikeline Resources, executes a heritage agreement with the Adnyamathanha Traditional Lands Association (ATLA) in South Australia
- The heritage agreement includes the Flinders Project, Torrens Project, Mt Craig Project and additional exploration license applications under review by the SA government
- The deal allows Taruga to begin heritage surveys on priority target areas ahead of drilling following the completion of a native title mining agreement
- CEO Thomas Line says the agreement aligns with Taruga’s desire to work with the Adnyamathanha people who’ll be offered full-time positions to join the exploration team
- Shares in Taruga are up 14.3 per cent, trading at 2.4 cents as of 1:12 pm AEST
Taruga Minerals (TAR) has signed a heritage agreement with the Adnyamathanha Traditional Lands Association (ATLA) in South Australia through its subsidiary Strikeline Resources.
The ATLA are the prescribed body corporate (PBC) responsible for administration of the Native Title rights and heritage interests of the Adnyamathanha people who are the key Traditional Owners across the company’s SA projects.
The heritage agreement includes the Flinders Project, Torrens Project, Mt Craig Project and additional exploration license applications currently under review by the SA government.
Further, the agreement allows Taruga to commence heritage surveys on priority target areas in preparation for drilling to follow the completion of a native title mining agreement (NTMA).
CEO Thomas Line said the agreement aligns with Taruga’s desire to work with the Adnyamathanha people.
“We are optimistic that the process of Special Administration will soon allow the completion of an NTMA between ATLA and Strikeline, for the mutual benefit of Strikeline and the Adnyamathanha people.
“We are excited to commence heritage surveys with ATLA, in preparation for exploration drilling of approved areas.”
Mr Line confirmed that Strikeline is also providing full-time positions for the Adnyamathanha community members to join its exploration team.
“As increased land access allows our projects to grow, we look forward to being able to create more shared value in partnership with the Adnyamathanha community.”
Shares in Taruga were up 14.3 per cent, trading at 2.4 cents as of 1:12 pm AEST.
