Adyton Receives Wapolu Environmental Permit, Advancing Restart of Historic Gold Mine
Adyton’s Wapolu project secured a CEPA permit, clearing the path for a targeted restart and production by the fourth quarter of 2026.
Adyton Resources Corporation (ADY) has received Environment Permit EP-L2(1080) from the Papua New Guinea Conservation and Environment Protection Authority (CEPA) for its Wapolu Gold Project. This approval, combined with the Mineral Resources Authority’s (MRA) June 8, 2026, approval for a 20,000-tonne bulk sample variation, positions the company to restart mining and processing operations. The company targets a throughput of 300,000 tonnes per annum (tpa) of run-of-mine (ROM) material, with the restart remaining on target for Q4 2026.
Remaining regulatory steps include the grant of a Mining Lease (ML 1390) and a Lease for Mining Purposes (LMP 152) from the MRA. The Warden's Hearing for the mining lease was successfully completed in May 2026, demonstrating strong community and landowner support.
The approval represents a standard, expected regulatory milestone in the Papua New Guinea permitting pathway, introducing no new financial terms, offtake agreements, or capital raises. It confirms management’s timeline for a Q4 2026 restart without accelerating the schedule. The market likely already priced in this permitting progress given the steady stream of updates since the December 2025 letter of intent. The news is incremental and execution-focused, reducing regulatory uncertainty while leaving operational and financial risks intact until actual production commences.
Adyton Resources Corporation (ADY) is a mineral exploration and development company focused on Papua New Guinea. Its flagship asset is the 100%-owned Feni Island Gold-Copper Project, which contains an inferred resource of 60.4 million tonnes at 0.75 g/t Au, equating to 1.46 million oz Au. Recent drilling has highlighted a robust epithermal-porphyry system with significant copper and molybdenum byproducts.
The company is also advancing the Fergusson Island Joint Venture with East Vision International Holdings (EVIH). This partnership includes the Wapolu historic mine and the Gameta development project, with combined resources totaling approximately 0.939 million oz Au, comprising 206,000 oz indicated and 733,000 oz inferred. Adyton’s strategy involves generating near-term cash flow from Wapolu and Gameta to fund the long-term development of the Tier-1 Feni Island resource.