L&M readies Otago mine

L&M Mining has expanded its interests including the purchase last November of Perilya Mines which has been acquiring land and preparing the Ernscleugh project for development expected to begin in late 2001 once it has the appropriate consents.

L&M Mining staff and consultants have been consulting with locals as part of preparations for an environmental assessment impact report on dust, noise and effects on groundwater.

Earlier last year L&M Mining obtained approval to buy 33ha at Waikaka Rd near Gore where it has identified a gold resource containing 190,000oz, although less may be recoverable.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

TEM - Transaction in Own Shares
October 9th Morning Report
VGL - NZX Tech Investor Day Presentation
October 8th Morning Report
IFT - CDC Independent Valuation
TEM - Transaction in Own Shares
October 7th Morning Report
Devon Funds Morning Note - 06 October 2026
AFT reports double digit revenue growth in 1H FY27
TEM - Transaction in Own Shares