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Exterra Resources Ltd.
Summary
| Project: | Linden | |
|---|---|---|
| Deposit: | Second Fortune | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/8/2017 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Mine Development | |
| Report details: | 8-3-2017: Exterra Resources Ltd. announces an EIA/ESIA report for its Second Fortune deposit at the Linden project. Department of Environmental regulation has approved the Amended Works Approval. Exterra Resources Limited (“Exterra” or “the Company”) (ASX | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Exterra Resources Limited (“Exterra” or “the Company”) (ASX:EXC) is pleased to provide an update of development milestones for the Second Fortune Project. The Department of Environmental Regulation has approved the Amended Works Approval for processing and dewatering at the Second Fortune Mine. Licences to operate will be applied for as soon as the respective facilities have been completed. The sorting plant and associated infrastructure has been relocated to site for final assembly. This includes the Tomra colour/NIR sorting machine, sorting platform, wash screen, water reticulation system and transfer conveyors. The compressor, drier, air receiver and generator, which are housed separately, have also been installed. Ongoing site works include the reticulation of power cabling and the installation of the motor control centre. Exterra’s Executive Chairman, John Davis said: “We are moving into an exciting phase for the company on the back of a strategy that will allow us to unlock value from all of our assets. It is pleasing that we will be able to de-risk our surface works in parallel with the ongoing mine development programme. Integration of ore sorting into the Second Fortune mining project allows for the generation of cash flows from surface assets such as mullock while providing robustness to the proposed underground operation.” | |
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