For thousands of other reports visit RSC's Mineral Intellingence Map
Crusader resources Ltd.
Summary
| Project: | Borborema | |
|---|---|---|
| Deposit: | Borborema | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 4/28/2017 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Mine Development | |
| Report details: | 28-4-2017: Crusader resources Ltd. announces an EIA/ESIA report for its Borborema deposit at the Borborema project. Environmental Impact Assessment approved for Borborema. Crusader Resources (ASX: CAS) (“the Company”) has achieved a significant milestone | |
| Resources: | (Reserve, P+P): 42.4Mt @ 1.18g/t Au for 1.61Moz Au | |
| CP/QP: | [Overall Report]: Robert Smakman (Internal) | |
| ABSTRACT: | Crusader Resources (ASX: CAS) (“the Company”) has achieved a significant milestone in the development of its wholly‐ owned Borborema Gold Project, located in Rio Grande do Norte State, Brazil, receiving the LP from the State Government Environmental Authority‐ IDEMA. Borborema is a large scale, advanced gold project that has significant infrastructure advantages. Development of this project has the potential of positioning Crusader in the medium term as a mid‐tier Brazilian gold producing company. Commenting on the receipt of this key licence, Crusader Managing Director Rob Smakman said: “We are very pleased to receive the LP for Borborema‐ considered across Brazil as the most important licence in the licensing process. We have worked closely with IDEMA, who have in turn worked closely with the Public Ministry to ensure the project impacts are well studied and minimised. We look forward to continuing our strong relationship with these departments whilst attending the next steps in the process. “I wish to thank our principal consultants‐ Progel Environmental Services and our internal licensing team for their tireless efforts in achieving this major milestone.” This critical licence approves the Environmental Impact Assessment for Borborema and follows submission of an updated project plan to the environmental authorities in 2016, which was developed in conjunction with IDEMA. The updated project plan proposed a reduced project footprint, dry stacked tailings and restricts project infrastructure to Crusader’s owned farm area. With this key licence now received, Crusader will work to fulfil the standard conditions of the LP, which have largely already been achieved. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report