Corcel PLC - London-based mining and mineral resource development company - Notes that Warden's Hearing for the Wowo Gap nickel-cobalt project in Papua New Guinea has given signs of support for the project.
Warden's Hearing marks important milestone in license renewal process due to covering the last two years of the EL1165 exploration license as well as the current two-year exploration period.
The support from the hearing will be added to technical assessment reports covering Corcel's lease applications, and will be submitted to the Mining Advisory Council.
Current stock price: 1.48 pence
12-month change: up 29%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Corcel (CRCL)