Excellent News13 Sep 2018 00:59
Company has applied to change the land use for potential future full mining licence at Toral.... In other words Scoping Study is looking very exciting and they want everything lined up for when the offers come in....
Laurence Read, Executive Director, commented:
“Whilst the Toral lead-zinc-silver project is only within the first year of its renewed investigation licence, we believe that there is sufficient confidence in the asset to begin the change of land use process in order to facilitate potential future full mine development at the appropriate time. Adhering to all the relevant permissions and safeguards is an important and essential part of delivering new mining operations within Europe and now is the right time to begin this process. Working with MAGMA, an independent consultancy with a track record of ensuring resource companies are compliant with the municipal and regional land use processes, we shall work closely with all key stakeholders to determine Toral’s ability to ultimately become a safe and beneficial mining operation
for the local area.”