Investigator Silver has hit a key development milestone, lodging a Mining Lease Application for its Paris Silver Project in South Australia. This step follows extensive technical work and stakeholder engagement, setting the stage for approvals and project development in 2027.
- Mining Lease Application lodged for Paris Silver Project
- Extensive pre-lodgement regulatory and stakeholder engagement
- Paris hosts 57Moz silver and 99kt lead resources
- Definitive Feasibility Study completed in February 2026
- Permitting process targeted for completion during 2027
Mining Lease Application Marks Major Paris Milestone
Investigator Silver Limited (ASX:IVR) has formally lodged a Mining Lease Application (MLA) for its 100% owned Paris Silver Project on South Australia's Eyre Peninsula, a critical step in advancing the project towards development. The MLA submission follows a lengthy period of technical assessments, regulatory engagement, and stakeholder consultation, reflecting the company’s methodical approach to navigating South Australia's established mining approvals framework.
Paris benefits from being located in South Australia, a jurisdiction with a mature mining regulatory environment. Investigator has leveraged a development team seasoned in South Australian mine permitting and operations, drawing on past successes to shape a proactive engagement strategy with the Department for Energy and Mining (DEM). This close collaboration since October 2025 has helped clarify assessment requirements and ensure the MLA is comprehensive.
Stakeholder Engagement Integral to Application Preparation
Alongside regulatory dialogue, Investigator undertook substantial consultation with traditional owners, the pastoral landholder, local communities, and other stakeholders. This inclusive approach allowed the company to incorporate local concerns and priorities into the project design and application, aiming to smooth the path through the approvals process.
Managing Director Lachlan Wallace emphasised that early and ongoing engagement with regulators and stakeholders has strengthened the quality of the MLA and positioned Paris for efficient progression through subsequent approvals stages.
Next Steps Focus on Environmental Approvals and Financing
With the MLA lodged, the next principal hurdle is the Program for Environment Protection and Rehabilitation (PEPR), which is already in preparation. Investigator targets completing the permitting and approvals process during 2027, running in parallel with execution readiness and financing activities to ready Paris for development.
The Paris Silver Project hosts a JORC 2012 Mineral Resource estimate of 24 million tonnes at 73 grams per tonne silver and 0.41% lead, equating to 57 million ounces of silver and 99,000 tonnes of lead. The project’s Ore Reserve stands at 12 million tonnes at 88 grams per tonne silver, underpinning a robust development case confirmed by the Definitive Feasibility Study completed in February 2026.
Investigator’s recent capital raises and team expansions have bolstered its capacity to advance Paris, aiming to capitalise on growing industrial and renewable energy demand for silver. The company’s careful regulatory and stakeholder groundwork may prove crucial in maintaining momentum through the final stages of project approvals.
Bottom Line?
Investigator’s strategic regulatory and community engagement sets Paris Silver Project on track for 2027 approvals and development readiness.
Questions in the middle?
- How will the company finance the estimated A$260 million development capex?
- What risks remain in securing the Program for Environment Protection and Rehabilitation approval?
- Could ongoing resource growth efforts materially extend the project’s mine life or scale?