Overview of Mount Burgess Mining's progress on Nxuu deposit infill drilling programme

Mount Burgess Mining (ASX:MTB) has made significant progress with the approval of the final Environmental Impact Assessment (EIA) for the Nxuu Deposit Infill Drilling Programme. The Botswanan Department of Environmental Protection (DEP) has confirmed the approval of the Scoping Report and requested the submission of the Final EIA. Following the submission, the DEP has now given the green light for a Public Review of the EIA, marking a crucial step forward for the company's drilling program.

Executive commentary on the progress and next steps

The Company has diligently worked towards obtaining the necessary approvals for the Nxuu Deposit Infill Drilling Programme. We are pleased with the DEP's decision to proceed to the Public Review stage, which reflects the negligible nature of the drilling activity and the anticipated minimal environmental impacts. This progress sets the stage for the next steps in our exploration and feasibility studies, positioning us to move towards the Pre-feasibility and Definitive Feasibility Studies for the Nxuu Deposit.

Summary of progress and outlook

Mount Burgess Mining (ASX:MTB) has successfully advanced the approval process for the Nxuu Deposit Infill Drilling Programme, with the DEP's endorsement for a Public Review of the Environmental Impact Assessment. The Company anticipates a two-week review period, followed by the commencement of the infill HQ diamond core drilling. This milestone paves the way for the preparation of a Pre-feasibility Study and subsequently a Definitive Feasibility Study. The forward-looking statements in the report underscore the Company's commitment to responsible and reasonable assessments, while acknowledging the potential variations in outcomes. With a competent person's statement affirming the accuracy of the drilling results, Mount Burgess Mining is poised to progress its exploration and mining activities in line with regulatory and environmental considerations.