RNS23 Sep 2024 07:04
Bluebird Mining Ventures Ltd, a gold project development company, is pleased to announce that, following its internal technical evaluation of the Kochang Gold and Silver Mine ('Kochang') in South Korea, plans to refurbish the existing main mine adit are underway. Local contractors have visited the area and planning work is being undertaken. The work on refurbishment will satisfy the qualifying spend required for the extension of the Kochang licence in accordance with the mining regulatory authorities in South Korea.
Having consulted the Mine Safety Office, the Company believe that they may be able to access the mine for refurbishment before the grant of the Mountain Temporary Use Permit. This remains under review by the Board of Audit and Inspection, but the Company remain confident in a positive outcome.
Excellent news!!!