THE BOURSE WHISPERER: Sheffield Resources (ASX: SFX) advised that it has been granted Miscellaneous Licences 04/82 and 04/83 by the Western Australian Department of Mines, Industry Regulation and Safety.
Sheffield Resources said the grant of the miscellaneous licences follows completion of a coexistence agreement with Walalakoo Aboriginal Corporation (WAC), the prescribed body corporate for the Nyikina Mangala native title holders, securing road access to the company’s Thunderbird mineral sands project.
“The finalisation of the coexistence agreement with the Nyikina Mangala people announced last week provided for the granting of the Miscellaneous Licences today,” Sheffield Resources managing director Bruce McFadzean said in the company’s announcement to the Australian Securities Exchange.
“We now have full miscellaneous licence access to the mining lease application area.
Sheffield Resources indicated it will continue to advise the community and shareholders of further developments in relation to Thunderbird.