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New Century Resources Ltd.

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Summary

Project:

Century Mine

Deposit:Century Tailings
Location:Australia
Commodities:Zinc-Lead-Silver
Date:11/8/2017
Report Code:(Enviro)
Report Type:EIA/ESIA
Project Stage:Pursuing Resource Increase/Upgrade
Report details:8-11-2017: New Century Resources Ltd. announces an EIA/ESIA report for its Century Tailings deposit at the Century Mine project. Environmental authority amended and reissued for mining of Century Open pit Tailings. New Century Resources Limited (Company o
Resources:(Resource, Meas.): 78.9Mt @ 3.02% Zn, 0.47% Pb, 12.4g/t Ag at project
CP/QP:[Overall Report]: n/a (n/a)
ABSTRACT:New Century Resources Limited (Company or New Century) (ASX:NCZ) is pleased to announce that the amendment to the existing Environmental Authority EPML00888813 (EA), to allow progressive economic rehabilitation activities at Century, was issued on 31/10/17 by the Queensland Government’s Department of Environment and Heritage Protection (DEHP). The EA amendment allows for tailings to be relocated back into the original Century open pit and rehabilitated via sub-aqueous deposition as opposed to capping of the tailings dam. The amendment to the EA follows exhaustive reviews and analysis of the proposed economic rehabilitation operations by New Century, which culminated in the determination by DEHP that a ‘minor’ amendment to the existing EA was required. Commenting on approvals to undertake restart of operations at Century Mine, New Century Resources Managing Director Patrick Walta stated: “It is pleasing to receive strong support for the Project from Queensland Government agencies for our economic rehabilitation program the Century Mine. New Century has worked closely with the DEHP and the Department of State Development to ensure this Project, and the extensive economic benefits it will deliver for the North West Minerals Province, can commence as planned in 2018. I would particularly like to thank Minister for State Development, Dr Anthony Lynham for the work of his Department in facilitating this Project’s development and progress since New Century commenced development activities earlier this year. It is this type of cooperation between government and industry that ensures regions can benefit from the economic opportunities available.”

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