RE: LICENSES7 Jun 2020 20:23
SEE EML RNS issued 24th Sept 2019
Extracts:
Consolidation of 21 core mineral exploration permits of the Khemisset Potash Project into a single project permit has been approved and authorised
· Emmerson's Moroccan subsidiary is one of the first mining companies in Morocco to achieve an authorisation for the consolidation of permits under the new Moroccan Mining Code
· Significantly simplifies Emmerson's in-country technical reporting and administration processes ahead of its eventual application for the mining permits
His Excellence, Mr Aziz Rabbah, Minster of Energy, Mines and Sustainable Development, commented:
"The Kingdom of Morocco implemented its new mining code in 2015 to provide a strong platform to facilitate and simplify the administrative procedures for local and overseas companies, with expertise in mining, to invest in our vast, largely untapped, mineral resources. We are strongly supportive of companies that approach investment in our country in the right manner, targeting the development of long term, sustainable businesses for the benefit of all stakeholders."
Hayden Locke, CEO of Emmerson, commented:
"The Moroccan Government and, in particular, the Ministry of Energy, Mines and Sustainable Development, continue to offer strong support to Emmerson, providing us with a high degree of confidence in our ability to advance the world class Khemisset Potash Project forward.
"The consolidation of the permits is the first step for the Company in the eventual process to apply for a mining permit over the Project. It also assists in reducing the ongoing administrative reporting burden. The Ministry's continued support will be instrumental in the permitting phase and as we develop our social license to operate in the Khemisset region.
Consolidation of Khemisset Project Exploration Permits into Single Permit Approved,
ahead of Mining Permit Application