Update on Fast-track Approvals application submission

Santana Minerals Ltd
Level 1, 371 Queen St
Brisbane, QLD 4000
ABN 37 161 946 989
GPO Box 1305
Brisbane, QLD4000

T: +61 7 3221 7501



7 April 2024

Update on Fast-track Approvals application submission

Santana Minerals Ltd (Santana, ASX/NZX: SMI or the Company) announces that it has received newly
furnished advice that key consultant reports underlying its planned application under the Fast-track
Approvals Act (FTA) will not be delivered on time to fulfill its planned submission by the end of April
2025. The Company further notes that the overwhelmingly positive impact of the FTA has stretched
the resources of expert consultants in servicing the requirements of participants.
Santana is committed to the development of its Bendigo Ophir Gold Project within the existing legal
framework of New Zealand, including the new FTA. The technical and baseline studies across many
facets of the Project including ecology, water, landscape and heritage, have been amongst the most
detailed ever undertaken in the region and substantially more detailed than any other land use or
activity undertaken in the district.
Consequently, to ensure the integrity and plenum of our substantial application, we are now working
towards completing our submission as soon as possible but no later than 30 June 2025. This will
culminate in thousands of hours of focussed work by our management team and specialist consultants
at significant cost and will describe the Project by which the FTA Expert Panel can effectively process
and assess.
CEO Damian Spring commented: “Whilst this delay wasn’t what we were planning, a few weeks to
ensure the completeness of our submission does not materially change our objectives or outcomes.”

End.

This announcement has been authorised for release by the Board.


Enquiries:

Damian Spring
Exec. Director & CEO
dspring@santanaminerals.com
Sam Smith
Exec. Director Corp Affairs & IR
ssmith@santanaminerals.com

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