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Verdant Minerals Ltd.
Summary
| Project: | Ammaroo | |
|---|---|---|
| Deposit: | Ammaroo | |
| Location: | Australia | |
| Commodities: | Phosphate | |
| Date: | 10/19/2018 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Mine Development | |
| Report details: | 19-10-2018: Verdant Minerals Ltd. announces an EIA/ESIA report for its Ammaroo deposit at the Ammaroo project. Environmental approval received for Ammaroo project. Verdant Minerals Ltd (ASX:VRM) (“Verdant” or “the Company”) today announced the Northern Te | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Verdant Minerals Ltd (ASX:VRM) (“Verdant” or “the Company”) today announced the Northern Territory Environment Protection Authority (NTEPA) has approved the Environmental Impact Assessment Report for Verdant Minerals’ flagship 100%-owned Ammaroo Phosphate Project. The receipt of the NTEPA Assessment Report marks the completion of the environmental impact assessment process for the Ammaroo Phosphate Project. Verdant is now focused on finalising the native title mining agreement and subsequently obtaining grants for mineral leases ahead of securing funding for the development of the project. Verdant Minerals Managing Director, Chris Tziolis commented, “This is a major milestone for Verdant Minerals and the Ammaroo Phosphate Project. The completion of the assessment process by the NTEPA provides Verdant with the regulatory baseline required to move the Ammaroo Project towards final mining authorisations and the attainment of statutory licences.” “This marks the end of the most rigorous part of the approval and permitting process. We will also now move on with the implementation and financing stage of the project, progressing toward a final investment decision.” As announced to the ASX on 24 June 2018, the Ammaroo Phosphate Project has already received Federal Government approval under the Environmental Protection and Biodiversity Conservation Act 1999. In line with the normal procedure, the NTEPA made recommendations to inform the next phase of mining authorisation under the Mining Management Act (NT). | |
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