Hanking Gold International (HKG:3788) said its wholly owned subsidiary received regulatory approval for underground mining activities at the Cygnet Gold Project in Western Australia, according to a Monday Hong Kong bourse filing.
The approval covers underground mining development at the Copperhead and Golden Pig deposits, including access infrastructure, mining operations, and supporting facilities.
Following approval, the company said it has begun the tendering process for underground development works at Copperhead as it prepares for mine development and drilling to expand resources and reserves.