LCL Resources, a TASX-listed entity, has recently secured a forest use permit for the Miraflores gold deposit, a significant component of the Quinchia Gold Project situated in Colombia.
The acquisition of this permit stands as a pivotal milestone in the project’s progression, highlighting a crucial step towards its final approval process.
Previously, in October of the preceding year, LCL successfully acquired an environmental license pertinent to the Miraflores deposit.
The company emphasizes the significance of this environmental license in conjunction with recent corporate activities involving other gold mining entities and explorers with a focus on Colombia, indicating a favorable investment climate within the region.
At present, LCL is actively engaged in preliminary discussions with various companies expressing interest in advanced gold-copper projects with exploration potential, including the Quinchia Gold Project. Furthermore, the company is conducting a comprehensive review of potential targets with resource upside.
The Quinchia Gold Project encompasses a cluster of porphyry and epithermal gold-copper targets spanning a radius of 3km. It boasts established mineral resources totaling 2.6 million ounces at a grade of 1 gram per ton of gold, derived from three key deposits – Tesorito, Miraflores, and Dosquebradas.