Consultation on proposed metallic minerals tender

NZ Petroleum & Minerals News
26 March 2013

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Consultation on proposed metallic minerals competitive tender
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The government is consulting with iwi and councils with an interest in an area proposed for a minerals competitive tender in the second half of this year.

'New Zealand Epithermal Gold 2013' will be for permits to explore for metallic minerals over 8,261.09 sq km of prospective land in the Taupo Volcanic Zone in the central North Island.

Bids will be sought between July 2013 and January 2014, after which they will be evaluated. Exploration permits are expected to be awarded to the best bidders by the end of April 2014 - permits can be granted for a period of up to ten years and will be limited to 7,500 hectares.

"The minerals tender will attract competitive bids for metallic minerals permits and stimulate investment in minerals exploration in the region," said David Binnie, General Manager of New Zealand Petroleum & Minerals.

More information on New Zealand Epithermal Gold 2013:
http://www.nzpam.govt.nz/cms/minerals/competitive-tender/2013/epithermal-gold-2013

Read the full media release:
http://www.nzpam.govt.nz/cms/news_media/2013/Consultation-on-proposed-metallic-mineral-tender

More information on Competitive Tenders in New Zealand
http://www.nzpam.govt.nz/cms/minerals/competitive-tender

ENDS

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