🕐24.03.10 - 10:48 Uhr
Beacon Hill Resources plc - Arthur River Objection Withdrawn and Mining Lease Application Progresses
Beacon Hill Resources plc / Ticker: BHR / Index: AIM / Sector: Mining
24 March 2010
Beacon Hill Resources Plc (Beacon Hill or the Group)
Arthur River Mining Lease Objection Withdrawn
Beacon Hill Resources plc (AIM:BHR), the AIM listed resource company, is
pleased to provide an update with regard to the development of its
Arthur River magnesite project in north-west Tasmania, which has a
current JORC-compliant measured and inferred resource of 39 million
tonnes of magnesite.
Further to the announcement by the Group on 18 March 2010, Beacon Hill
is pleased to announce that it has received notification that the
objection to its Mining Lease Application has been withdrawn.
Justin Lewis, Executive Chairman said, "The Board is delighted that the
process before the Mining Tribunal is now at an end and the Groups
application can now progress through the remainder of the application
process.
We do not expect any other hurdles and look forward to being
granted a Mining Lease."
**ENDS**
Further Information
For further information on the Group, visit: www.bhrplc.com
or contact:
Justin Lewis
Chairman, Beacon Hill Resources Plc
+61 (0) 3 8637 1540
+61 439 162369
William Vandyk
Astaire Securities Plc
+44 (0) 20 7448 4400
Hugo de Salis
St Brides Media & Finance Ltd
+44 (0) 20 7236 1177
Susie Callear
St Brides Media & Finance Ltd
+44 (0) 20 7236 1177
Susie Callear
St Brides Media & Finance Ltd
Chaucer House
38 Bow Lane
London EC4M 9AY
T: +44 (0) 207 236 1177 | M: +44 (0) 7976 749 561 | F: +44 (0) 207 236
1188 | www.sbmf.co.uk
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