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NextSource Materials Inc.
Summary
| Project: | Molo | |
|---|---|---|
| Deposit: | Molo | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 4/11/2019 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Mine Development | |
| Report details: | 11-4-2019: NextSource Materials Inc. announces an EIA/ESIA report for its Molo deposit at the Molo project. Environmental permit received for Molo project. TORONTO, April 11, 2019 (GLOBE NEWSWIRE) -- NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“Ne | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | TORONTO, April 11, 2019 (GLOBE NEWSWIRE) -- NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) (“NextSource” or “the Company”), is pleased to announce that it has received its Global Environmental Permit for the Molo Graphite Project from the Madagascar Ministry of Environment’s Office National pour l'Environnement (the National Office for the Environment; or “ONE”). With this latest announcement, and the announcement on February 15, 2019 that NextSource had received its 40-year Mining Permit, the Company has now secured the two most important permits for its Molo Graphite Project. NextSource President & CEO Craig Scherba commented, “The approval of the Global Environmental Permit so quickly after the granting of our Mining Permit is a significant achievement for the Company, and was the culmination of extensive community consultations and environmental impact assessments while proactively working with all stakeholders. Our choice to adopt IFC and World Bank Performance Standards greatly assisted us during this process and reflects NextSource’s commitment to responsible environmental stewardship and will ensure that the Molo Graphite Project will adhere to and operate at the highest international benchmark for environmental standards.” NextSource is now implementing the financing and operational readiness initiatives required for construction of the Molo Graphite Project. | |
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