-- Sky Metals (ASX:SKY) began the New South Wales State Significant Development approval process for the Tallebung project, with the submission of the scoping report, according to a Wednesday filing with the Australian bourse.
The process facilitates the advancement of key environmental, technical, and permitting workstreams, moving the project towards near-term development, the filing said.
An updated mineral resource estimate and pre-feasibility study are on track for release this quarter, per the filing.
Shares rose 13% in midday trade on Wednesday.