Uvre Limited – NZ Gold Projects
Corporate and energy partner Brigid McArthur recently acted for Perth-based uranium and lithium explorer Uvre in obtaining necessary regulatory approvals for its acquisition of four New Zealand gold projects held by Otagold Limited.
Otagold’s flagship project is MEP 61021 (Waitekauri), located in the Hauraki goldfield near Waihi. The project is believed to have excellent resource potential.
The acquisition covers also the Lottin Point Gold Project in the North Island (first discovered by Anglo American) and the Roaring Meg, Oturehua, and Invincible gold projects in the South Island. The acquisition is symptomatic of the recent increase in interest in minerals and petroleum projects, associated with a change of government policies and changes to the Crown Minerals Act 1991.
