Road upgrade to improve access to Boab’s Sorby Hills project
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Access to and from Boab’s Sorby Hills lead-silver-zinc project is poised to improve with the upcoming completion of upgrades to the Moonamang Road.
In 2020, the WA government committed $18.3m towards the realignment and sealing of 7.5km of the road, which traverses the project.
Completion of the works is expected ahead of the upcoming wet season with Boab Metals (ASX:BML) saying that the upgrade will significantly improve the quality and efficiency of access to and from the project site while delivering broad regional benefits to stakeholders across the East Kimberley.
It also complements the investment by the Australian and Northern Territory Governments to upgrade the Keep River Plains Road, providing a continuous sealed road between Sorby Hills and the recently acquired Manbarrum zinc-lead-silver project about 25km to the east.
This upgrade has since been completed.
“The State Government’s commitment to regional Western Australia is helping to boost economic activity in all corners of the state, including the East Kimberley,” managing director Simon Noon said.
“Similarly, the Sorby Hills Project, located 50 kilometres north-east of Kununurra, will deliver employment opportunities and economic activity to the Kimberley region, with a peak of 200 plus construction personnel and over 170 operations personnel during the life of the project.
“We welcome the State Government’s commitment to regional infrastructure and look forward to leveraging their investment through the development of the Sorby Hills Project.”
The Sorby Hills project is Australia’s largest undeveloped, near-surface lead-silver-zinc deposit with a resource of 44.9 million tonnes grading 3.2% lead, 37 grams per tonne silver and 0.5% zinc, 56% of which is in the high confidence measured category.
Boab recently moved to expand its Phase V drilling program after core logging results extended hydrothermal-style mineralisation more than 100m northwest at the Omega deposit and several holes extended mineralisation at the B-Deposit.
This program is aimed at investigating opportunities to increase mine life and proposed production capacity at Sorby Hills as part of the ongoing Definitive Feasibility Study (DFS).
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.