🕐17.01.13 - 08:54 Uhr
NYOTA MINERALS LIMITED - ETHIOPIAN MINISTRY CONFIRMS DFS COMPLIANCE AHEAD OF MINING LICENCE ISSUANCE
17 JANUARY 2013
ANNOUNCEMENT - Ethiopian Ministry Confirms DFS Compliance Ahead of
Mining Licence Issuance
Nyota Minerals Limited (ASX/AIM: NYO), the AIM and ASX listed East
African gold exploration and development company, is pleased to announce
that the Ethiopian Ministry of Mines (the Ministry) has completed its
review of the Definitive Feasibility Study (DFS) for the development
of the first mining operation at the Companys flagship Tulu Kapi Gold
Project (Tulu Kapi), including the Environmental and Social Impact
Assessment (ESIA), and has confirmed in writing that it complies with
all regulations and satisfies the requirements for the issuance of a
large scale Mining Licence.
Nyota Chief Executive Officer Richard Chase said, "The Ethiopian
Governments acknowledgement that our DFS and the ESIA comply with all
requisite regulations for the issue of a mining licence means that we
can now focus on negotiating the terms on which such a licence will be
granted and raising the necessary funding.
We are one step closer to
developing Ethiopias next gold mine."
For the full announcement, please follow this link
http://www.nyotaminerals.com/content/uploads/2013/01/NYO-Ehtiopian-Exten
sion-17.01.13.pdf
If you would like to be removed from this email service, please reply to
this message.
Products & Services | Jobs
|