The blocks stretch from Fosterville east of Bendigo and north to Lockington. The two companies will now progress to the licensing stage,which includes a 21-day period for public submissions.
Ms Pulford said the successful tenders were selected following an extensive evaluation of North Central Victorian Goldfields Ground Release submissions and input from a panel of traditional owners.
“The ground release tender generated significant national and international interest,sparked by the success of operations at the Fosterville gold mine,which was great to see,” she said on Friday.
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ASX-listed Kirkland Lake’s Fosterville Gold Mine said it would spend more than $90 million across its three allocated blocks from the land release. S2 Resources subsidiary Southern Star would spend more than $10 million on its single 394-square-kilometre block over five years.
It’s exceptional,the geology in Victoria,and it’s grabbed people’s attention globally,” Kirkland Lake corporate affairs vice-president John Landmark said. ”
“We’re delighted that we’ve been successful in our tender.”