Adyton Successfully Achieves Major Mining Advancement Milestone at The Wapolu Gold Project
Wapolu Wardens’ Hearing Ends with Rare Unanimous Support — Adyton One Step Closer to Restarting Gold Production
Adyton Resources announced the successful completion of the Mining Lease Warden’s Hearing for the Wapolu Gold Project on Fergusson Island, Papua New Guinea. The hearing, held on May 21 2026, is a mandatory regulatory step to gauge community support before a mining lease can be granted. The company reports strong, unified backing from principal landowners, local community representatives, and the Milne Bay Provincial Government. The Warden will now submit a report to the Mineral Resources Authority’s Mining Advisory Council for final assessment. This milestone moves the ML 1390 application forward and keeps the project on track for a targeted restart of operations later in 2026.
The outcome of the hearing, while positive, was widely expected. An earlier update (March 25 2026) had already flagged the May 21 hearing date, and the extensive landowner engagement and baseline studies (completed by November 2025) made community opposition unlikely. No new resource figures, financing terms, or offtake improvements are attached to this release. The news merely confirms that a scheduled procedural step was passed; it does not alter the project’s timeline, cost structure, or risk profile. Therefore, the event is routine and incremental rather than market‑moving.
Adyton Resources is a Canadian‑listed gold‑copper explorer/developer with three project areas in Papua New Guinea. Its strategy is to generate near‑term cash flow from the Fergusson Island joint venture (Wapolu/Gameta) and use those funds to advance the flagship Feni Island project — a large, low‑grade epithermal‑porphyry system with an existing inferred resource of 60.4 Mt @ 0.75 g/t Au (1.46 Moz Au). Feni is 100%‑owned and is seen as having Tier‑1 scale potential, with copper not yet included in the resource. The Fergusson Island projects (Wapolu and Gameta) are held in a JV with East Vision International Holdings (EVIH), which is funding development through an earn‑in. Combined, the Fergusson assets host 206 koz indicated and 733 koz inferred gold. Wapolu is targeted to restart production in Q4 2026 at ~300 kt ROM per annum, producing a gold‑rich concentrate for export.