Korella North Environmental Approval Granted

NEWS RELEASE 24-22 July 15, 2024




WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP”, NZX: 3GRE
Frankfurt Bourse “CRP” or the “Company”)
wishes to advise that the Korella North Mine
ML100379 permitting process took another major move forward today with Environmental
Approval for granting of the mining lease.

Excerpts from the Official Notification received on 15
th
July 2024

Decision about a standard application for an environmental authority for mining activities
relating to a mining lease
Application details

The application for an environmental authority was received by the administering authority
on 24 January 2024.

Decision
The administering authority has decided to approve the application for a standard
environmental authority under 170(2)(a) of the EP Act.

Reasons for the decision
In accordance with section 170(2)(a) of the EP Act, the administering authority has decided
to approve the application subject to the standard conditions for the relevant authority.

Human rights
A human rights assessment was carried out in relation to this decision, and it was
determined that the decision is compatible with human rights.

About ML 100379

ML100379 covers an area of 118.62 ha and is located 6km southeast of The Monument at
Phosphate Hill. The grant of the Mining Lease will include the granting of access over the
adjacent Phosphate Hill - Townsville rail line to the Phosphate Hill -Duchess Road.

The grant of the Mining Lease is under the Queensland Mineral Resources Act 1989 and will
be for a term of 10 years with the ability to apply for a further renewal for a term not
exceeding 10 years.

To enable the grant of ML100379 the mine access road is required to have approval from
Queensland Rail for a crossing on the Phosphate Hill -Townsville rail line and approval from
Cloncurry Shire Council for a new intersection on the Phosphate Hill-Duchess Road.

Applications for both consents were lodged on April 16th, 2024.

We will keep shareholders updated on the progress of the approvals being processed by
Queensland Rail and Cloncurry Shire Council.


For further information please contact
Chris Castle
President and Chief Executive Officer
Chatham Rock Phosphate Limited
64 21 558 185 or chris@crpl.co.nz




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