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Rosita Mining Corp.
Summary
| Project: | Rosita | |
|---|---|---|
| Deposit: | Rosita | |
| Location: | Nicaragua | |
| Commodities: | Gold-Copper-Silver | |
| Date: | 10/11/2018 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Mine Development | |
| Report details: | 11-10-2018: Rosita Mining Corp. announces an EIA/ESIA report for its Rosita deposit at the Rosita project. Environmental permit received for Rosita project. October 11, 2018 - Rosita Mining Corporation (RST: TSX-V) ("Rosita" or the "Company" or “RST”) is | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Cook (Not stated) | |
| ABSTRACT: | October 11, 2018 - Rosita Mining Corporation (RST: TSX-V) ("Rosita" or the "Company" or “RST”) is pleased to announce that it has satisfactorily completed the environmental process established by Nicaraguan laws as part of the prerequisites that must be met before building the treatment plant and entering into mining operations. The Environmental Permit was signed September 28 and the original obtained by the company on October 9, 2018. It was granted by the Natural Resources and Environment Commission of the Autonomous Regional Council of the North Caribbean Coast (CARENA – CRACCN) and the Secretary of Ministry of Natural Resources (SERENA) after completing a process that included; conducting an Environmental Impact Study, review and input on the study to all stakeholders and to public consultation. The Environmental Study of the Santa Rita Project was reviewed by a multidisciplinary team made up of social, environmental, technical and governmental institutions. Obtaining this permit as detailed in the Preliminary Economic Assessment for the Santa Rita Project, Rosita, Nicaragua (see Press release dated April 20, 2017) constitutes the main authorization that must be obtained prior to initiating mining operations in the Santa Rita project. In addition, RST has requested a land use permit from the municipal authorities, it is expected to obtain this permit in the coming days. The land use permit establishes that the area where the treatment plant will be built is suitable for this type of construction. The processing facility will consist of crushing (contract) of the Santa Rita stockpiles, milling, cyanidation, SART (Sulphidization, Acidification, Recycling, and Thickening) copper recovery process, and carbon adsorption. John Cook, President and CEO of Rosita, commented, “We are extremely pleased to announce this news of successful permitting and near term operation of the Santa Rita Project. This is an important step for the Company and thanks go to Sammy Gonzalez, RST Country Manager and his team.” | |
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