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Bezant Resources Reports Completion Of Baseline Study At Mankayan

Mon, 15th Jul 2019 16:19

(Alliance News) - Bezant Resources PLC on Monday said it has completed a key component of the environmental impact assessment baseline study required for the successful future completion of a pre-feasibility study.

The copper-gold exploration and development company said GHD Group Pty Ltd undertook the independent environmental survey work over the Mankayan project's site in Philippines, under the mineral production sharing agreement.

The dry season water quality baseline study has been undertaken in order to establish the monitoring levels for the potential development of a sustainable mining project, Bezant said.

A total of 12 sampling stations comprised of nine surface water and three groundwater-sampling stations were established for the baseline study. Water samples were analysed for physico-chemical, microbiological and metals parameters.

All baseline conditions for dry season water measurement have now been collected and processed, Bezant said, with findings communicated to local stakeholders through community engagement.

Looking ahead, the company said, alongside further environmental studies required for the environmental impact assessment in due course, the baseline study will allow informed development decisions to be made.

""Ensuring the correct environmental baseline studies are in place for a major copper-gold development project, especially in respect to water, is essential. The results of this independent study will be communicated to local and governmental stakeholders and form a key part of the pre-feasibility study programme to ensure that informed, sustainable decisions are made in the future potential construction, consultation and planning stages of Mankayan," said Bezant Chief Executive Laurence Read.

Bezant shares were untraded on Monday in London at 0.10 pence each.

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