Mayur Resources Limited is pleased to provide an update on construction activities at Mayur’s Central Lime Project in Papua New Guinea.
Mayur continues to make progress at its Central Lime Project, advancing both Stage Two of its wharf and other early construction works. Over recent days, Mayur has taken delivery of essential equipment and materials utilising its own wharf infrastructure. This equipment will be used to facilitate the development of Stage Two of Mayur’s wharf and other enabling infrastructure as the Company progresses towards full-scale construction of its Central Lime Project pending a Final Investment Decision.
Mayur anticipates mobilising the sheet piling contractor by the end of November 2024. Piling materials are already en route from the manufacturer.
Completion of Stage Two of the wharf will enable Roll-On/Roll-Off (RO/RO) and crane loaded barge operations facilitating sales of raw limestone by Mayur as well as further deliveries of construction equipment and materials necessary for full-scale construction (see ASX announcement 13 August 2024 for further information on Mayur’s wharf).
Local Community Engagement
Mayur has committed to constructing essential infrastructure for the local Kido community near the Central Lime Project, including a new sports field, as part of its broader social responsibility programme. Mayur is pleased to advise that construction activities have commenced following design completion last month.
Mayur looks forward to completing this project by January 2025, providing valuable social infrastructure to the Kido community. Additional infrastructure projects benefitting the Kido community are planned to commence upon the Final Investment Decision being made at the Central Lime Project.
