Significant Investment Project Status Awarded to TECH Project

Queensland Pacific Metals Limited (ASX:QPM) is pleased to advise that the Queensland Government announced today that Queensland Pacific Metals has received Significant Investment Project status for the TECH Project at Lansdown.

Significant Investment Facilitation (“SIF”) Program

The SIF program has been established by the Queensland Government to support projects of economic significance to the State. The SIF aims to ensure such projects are provided with the necessary support from government to facilitate prospective investment in Queensland.

Under the SIF program, to determine economic significance to the State, consideration is given to alignment with contemporary government policy initiatives, potential economic benefit to Queensland, investment readiness and project feasibility and capacity of the proponent.

QPM’s Managing Director and Chief Executive Officer, Dr Stephen Grocott, commented,

“We are honoured and delighted to received Significant Investment Project designation under the Significant Investment Facilitation program by the Queensland Government. We look forward to working with the steering committee established for QPM with the view of securing investment in the TECH Project. With our Prescribed Project status, support for QPM from the Queensland Government has already been tremendous, but we look forward to exploring other opportunities that will greatly assist us in achieving a Final Investment Decision.”

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