Notice of Application for an Exploration Licence EL008984

CV Resources Pty Ltd
c/-  Rizkallah Partners
293 Royal Parade,
Parkville VIC 3052

Ian Buckingham
Mobile: 0417 335 462
Email: ianb@cvr.com.au

Further information about this application is available on the CV Resources website.

Application number: EL008984

Locality of the land to which the application relates: Centred on the town of Lexton, 1.5km west of Waubra, 12km northeast of Beaufort, 8km northwest of Learmonth.

Approximate area of the application (Graticular Sections): 86 Graticular Sections/ 86km2

Date of the application: 17/07/2026

Term the licences are applied for: 5 years

Outline of the proposed programs of work: During the first year, we plan to undertake low impact exploration activities comprising literature reviews of historical data sets and compilation of existing information, geophysical mapping to determine the subsurface geometry of the deep lead. The western segment of the Application area is expected to lie along the upthrown side of the Avoca Fault and as well as exhibiting gold mineralisation there is also an expectation that base metals will also be present. Therefore, as well as undertaking literature reviews and analysing historical data sets CVR will also undertake geological mapping and modelling, regional rock chip, stream and soil sampling all of which should have a minimal impact on the environment.

Should CV Resources determine that future higher impact exploration be required such as exploration stratigraphic drilling then a submission would be made to the Earth Resources Regulator and this would be accompanied by detailed rehabilitation plans along with significant effort directed at informing the community by (i) direct engagement, and (ii) the development of relationships with landholders and Local Government, to ensure that all involved are well informed of our intent, our activities and the potential outcomes of our actions.

Any person may object or comment to a licence being granted. (Section 24 and 24A, Mineral Resources (Sustainable Development) Act 1990).

A person who objects or comments must:

1. putting the objection or comment in writing; and
2. including the grounds on which it is made

All objections or comments must be lodged within 21 days after the latest date on which the application was advertised and can be lodged online or posted to:

The Minister for Energy and Resources,
c/- Manager Licensing, Resources Victoria,
PO Box 500, East Melbourne Victoria 8002

It is recommended that objections or comments are lodged online at Resource Rights Allocation and Management to ensure timely consideration.

Enquiries can be made by writing to the Manager Licensing at the above address or by phoning Resources Victoria on 136 186.

1. Subject to other requirements being satisfied, an exploration licence, if granted, entitles the holder of the licence to explore and search for minerals in the relevant land, but does not entitle the holder to undertake mining.
2. Further information regarding the requirements that must be complied with prior to work being undertaken is available in our Landholders and community section.