Everlast Minerals has officially received the demarcated Kurigram site from the Bangladesh Government, clearing the way for exploration on a 4,000-hectare mineral sands licence area.
- Official land survey and boundary demarcation completed at Kurigram site
- ~4,000 hectares handed over in northern Bangladesh
- Strong collaboration with Bangladesh Government agencies
- Authorisation granted to commence exploration activities
- Milestone follows recent granting of Kurigram Exploration Licence
Formal Handover Marks Operational Milestone
Everlast Minerals Ltd (ASX: EV8) has reached a significant milestone in its Bangladesh mineral sands strategy with the formal handover of the Kurigram Exploration Licence site. The Government of Bangladesh completed an official land survey and boundary demarcation process, confirming the designated area of approximately 4,000 hectares in the Kurigram District of northern Bangladesh.
This handover follows the granting of the Kurigram Exploration Licence earlier in February 2026 and authorises Everlast to commence exploration activities within the approved boundaries. The process involved senior officials from the Bureau of Mineral Development, the Deputy Commissioner's office, and the Ministry of Land, underscoring the strong working relationship between Everlast and the newly appointed Bangladesh Government.
Expanding Footprint in a Promising Region
The Kurigram site represents a logical extension of Everlast’s mineral sands footprint in Bangladesh, complementing its flagship Gaibandha Project and pending Pabna exploration licence. The region is considered highly prospective for mineral sands, which are critical components in various industrial applications including electronics and renewable energy technologies.
Executive Chairman Paul Qian highlighted the significance of the milestone, noting that the smooth regulatory progress reflects the government’s confidence in Everlast’s management and the company’s commitment to responsible exploration. The official demarcation report, signed by government surveyors and Everlast representatives, provides clear operational boundaries and legal certainty for the company’s upcoming field activities.
Looking Ahead: Exploration and Development Prospects
With the land handover complete, Everlast is poised to advance its exploration program at Kurigram. While the announcement does not detail specific timelines or budgets, the formal authorisation is a critical step toward resource delineation and potential development. Investors will be watching closely for forthcoming exploration results that could validate the site’s economic potential.
Everlast’s progress in Bangladesh also highlights the broader trend of international mineral sands developers seeking opportunities in emerging markets with supportive regulatory frameworks. The company’s ability to navigate local government processes smoothly bodes well for future project milestones and potential partnerships.
Bottom Line?
Everlast’s official land handover at Kurigram sets the stage for exploration, but the market awaits tangible resource results to gauge true value.
Questions in the middle?
- What are the planned timelines and budgets for exploration activities at Kurigram?
- How might recent political changes in Bangladesh impact regulatory stability for mining projects?
- What are the initial geological indications or resource estimates from the Kurigram site?