WIN Metals Ltd (ASX:WIN) has received approval from the Department of Mines, Petroleum and Exploration (DMPE) for the Mine Development and Closure Plan (MDCP) for its Radio Gold Project, located approximately 8km north-west of Bullfinch in Western Australia, the company disclosed on 11 November 2026.

Key Points

  • The DMPE has approved the Mine Development and Closure Plan for the Radio Gold Project, covering a new open pit, recommencement of underground development and production, a lift on the existing tailings storage facility, and operation of a processing plant and associated infrastructure.
  • A new Explosives Magazine Dangerous Goods licence has been approved.
  • A Works Approval application submitted on 18 September 2026 to the Department of Water and Environmental Regulation for the Processing Plant Construction and Tailings Dam Lift remains under assessment.
  • A 3,500m RC drilling program at Radio, Princess Royal and Stumpy is scheduled to commence 20 November 2026.
  • Gravity Plant Acquisition and Relocation is scheduled to commence Monday 16 November 2026.

Approved Mine Development and Closure Plan Scope

The approved MDCP covers development of a new open pit, recommencement of underground development and production, a lift on the existing tailings storage facility (TSF2), and operation of a processing plant and associated infrastructure. The Radio Gold Project's Re-Start Study, previously disclosed on 24 August 2026, outlined a low-capital pathway to gold production through an integrated open-pit and underground operation feeding a dedicated 120ktpa carbon-in-leach (CIL) processing plant. The project's global Mineral Resource Estimate totals 366,000 tonnes at 4.22 grams per tonne gold for 49,600 ounces of contained gold.

Regulatory and Approvals Status

The Yilgarn Shire Development Approval for a camp accommodating up to 44 rooms behind the Tavern in Bullfinch was received on 17 August 2026. Building Approval and Department of Water approval for the associated wastewater treatment plant remain pending. The existing Tavern is fully operational and currently accommodates up to 12 people. The Works Approval application lodged on 18 September 2026 with the Department of Water and Environmental Regulation for the Processing Plant Construction and Tailings Dam Lift remains under assessment. Equipment procurement and detailed implementation planning are ongoing for a final investment decision.

Upcoming Site Activities and Drilling Program

WIN Metals disclosed that Gravity Plant Acquisition and Relocation is scheduled to commence on Monday 16 November 2026, following the company's earlier disclosure dated 18 June 2026 regarding securing key processing infrastructure. A 3,500 metre RC drilling program at the Radio, Princess Royal and Stumpy targets is scheduled to commence on 20 November 2026. Managing Director and CEO Steve Norregaard stated that Works Approval is now the remaining regulatory hurdle prior to process plant and tailings dam construction activities commencing, with funding discussions, site preparatory works and detailed technical planning ongoing.