Quick rundown
- New Explosives Magazine Dangerous Goods Licence approved, allowing WIN to progress another component of its planned mine restart.
- WIN’s Radio Gold Project is located approximately 8km north-west of Bullfinch, WA.
- The August 2026 Restart Study outlined plans for a dedicated 120,000-tonne-per-annum carbon-in-leach (CIL) processing plant.
- The project hosts a mineral resource of 49,600 ounces of gold.
- The resource grades 4.22g/t gold across 366,000 tonnes.
WIN Metals (ASX: WIN) has moved a step closer to restarting its Radio Gold Project in Western Australia after securing approval for its Mine Development and Closure Plan, advancing plans to bring the historic gold operation back into production.
The approval, granted by the Department of Mines, Petroleum and Exploration (DMPE), covers the development of a new open pit, recommencement of underground development and production, and an expansion of the existing tailings storage facility.
The milestone marks further progress for WIN’s restart strategy, which aims to establish a low-capital pathway to gold production through an integrated open-pit and underground operation.
However, further regulatory and financial steps remain before construction can progress.
WIN submitted a Works Approval application in September for the processing plant construction and tailings dam lift, which remains under assessment by the Department of Water and Environmental Regulation.
The company has ongoing funding discussions, equipment procurement and detailed implementation planning ahead of a final investment decision.
Additional infrastructure preparations are underway, with the relocation of an acquired gravity processing plant scheduled to commence on November 16.
A 3,500-metre reverse circulation drilling program across Radio, Princess Royal and Stumpy is also scheduled to begin on November 20, providing an opportunity to test further gold targets alongside the restart preparations.
With the Mine Development and Closure Plan now approved, attention turns to the remaining Works Approval and funding milestones as WIN continues to advance its plans to bring Radio Gold back into operation.
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