FYI Resources Ltd. advised that the DMIRS has approved the MCP for the Company's wholly owned Cadoux kaolin project located approximately 220km northeast of Perth, Western Australia. The MP and MCP is a set of documents containing detailed information on the identification, evaluation and management of significant environmental impacts relevant to FYI's proposed mining operations as well as a comprehensive outline of the MP's mining schedule and project economics over the life of the mine. The MCP and MP together constitute the key regulatory approvals required to allow works to commence on site at Cadoux and represent a significant development milestone in FYI's HPA strategy. The approval is for the 100% owned ML70/1388 and cover the planned mining, processing, site infrastructure, waste facilities and haul roads etc.