Mining Capital FundsMCF Mining Approvals Index

Data as at 18 October 2026 · from Western Australian Government registers and open data

Western Australian mining project · Care and Maintenance

Pennys Find

Pennys Find is a Western Australian mining project (in care and maintenance) in MINEDEX, owned by Maritana Minerals Limited 100%; Black Mountain Gold Limited, on 3 current tenements held by BLACK MOUNTAIN GOLD PTY LIMITED. Commodities: Gold, Silver.

MINEDEX project
J01376
Stage
Care and Maintenance
Owners (MINEDEX)
Maritana Minerals Limited 100%; Black Mountain Gold Limited
Tenement holders
BLACK MOUNTAIN GOLD PTY LIMITED
Parent groups
Maritana Minerals
Commodities
Gold, Silver
Rehabilitation liability
Its rehabilitation liability is in the MCF Mining Index (subscribers): the Mining Rehabilitation Fund estimate, its trend since 2014, company provisions and closure-plan costs

Resources and reserves

CommodityResourcesReservesLatest estimate
Gold0.43 Mt at 4.57 g/t, 63 koz contained0.33 Mt at 3.20 g/t, 34 koz contained18 December 2024

Current MINEDEX estimates over all the project's sites; resources may include reserves. MINEDEX (DMPE), CC BY 4.0.

Mine closure plans

SiteOperatorLatest plan approvedPlan (PDF on GeoDocs)Closure year
Penny's Find Project -Underground MiningEmpire Resources Limited20 November 2018Penny's Find Project Mining Proposal Reg ID 58607 Amendment-Underground Mining

Tenements

TenementHolderStatusExpiresCommoditiesHectares
M 27/156
Mining lease
BLACK MOUNTAIN GOLD PTY LIMITEDGranted21 August 2033Gold, Silver50
G 27/1
General purpose lease
BLACK MOUNTAIN GOLD PTY LIMITEDGranted18 February 2037Gold, Silver19
L 27/90
Miscellaneous licence
BLACK MOUNTAIN GOLD PTY LIMITEDGranted3 December 2036Gold, Silver1