The reopening of a mine near Texas is not just “great” news for Texas but the region.
Goondiwindi Regional Council Mayor, Cr Graeme Scheu, welcomed the news on Friday.
“MRV Metals already employs 17 staff in the office operation based in Texas, with a big percentage of those being sourced locally.
“This will continue and increase dramatically as production gets closer,” Cr Scheu said.
“The closure of the Twin Hills site left an awful void in the economic income for the town of Texas and it is pleasing to see a company like MRV Metals step up and continue the operation,” Cr Scheu said.
Twin Hills went into liquidation in 2015.
At the time some residents and council raised concerns about possible cyanide spills into the river systems during flooding.
The company said there has been a “rigourous” process undertaken to have the mine re-opened.
“We wish MRV Metals all the very best with the venture and eagerly await an opening in early 2018. In times where jobs are paramount, it is a significant announcement for our region,” he said.
In times where jobs are paramount, it is a significant announcement for our regionRegional Mayor, Cr Graeme Scheu
MRV Metals Pty Ltd is a fully owned subsidiary of the ASX listed Moreton Resources Limited.
The company has high hopes for the production of silver, copper, zinc and gold.
“All of our test work and trials to date, indicate these assets are highly prospective, and the upside we feel is significant,” MRV Metals Managing Director, Mr Jason Elks said.
“However, given the prior issues with the site and commodity prices, we will be seeking to have a very cautious and constrained view at entry and advancement, to ensure the site can sustain the economic cycles of metals prices and exchange rates.
“One of the most rewarding positions this grant has put us in, is the ability to seek to employee a raft of local and regional staff, having recently undertaken a recruitment campaign in Mackay and Dalby, and seeking to employ those staff throughout October 2017, for our January 2018 production ramp up.
“We will be seeking to hire local, and utilise local infrastructure and services wherever possible.
“We have already made a significant impact in the day to day business community within Texas and more than 60% of our current staffing have all been recruited from the local area.
“This will continue to be our trend and is a fundamental ethos of the way the Moreton Resources Limited Group operates.
“What is extremely pleasing in the decision to grant the Granite Belt Project mining tenure, is the fact that at a Local and State level, strong support has been forthcoming including from both sides of the political divide, be it the local sitting member whom has supported this project from day one, through to the relevant portfolio Ministers whom have also recognised the benefits for the region and State in the advancement of the Granite Belt Project. That also includes the Goondiwindi Regional Council whom have been very proactive in working with us on this project.”