Less Ads, More Data, More Tools Register for FREE

Pin to quick picksORM.L Regulatory News (ORM)

  • There is currently no data for ORM

Barruecopardo Permitting Update

8 Jan 2014 07:00

RNS Number : 1182X
Ormonde Mining PLC
08 January 2014
 

08 January 2014

 

 

Ormonde Mining plc

("Ormonde" or "the Company")

 

Barruecopardo Permitting Update

 

The Board of Ormonde is very pleased to provide an update on progress in connection with permitting of its flagship Barruecopardo Tungsten Project in Salamanca, Spain ("Barruecopardo" or "the Project").

 

Saloro SLU ("Saloro"), the Company's wholly-owned subsidiary which is developing Barruecopardo, has now received formal written notification from the Regional Environmental Department in Castilla y Leon of a positive outcome in the "Report on the Nature Network" ("IRNA") which is necessary to allow for the granting of the Environmental Impact Declaration ("EID") for the Project. This EID is the most important document in the environmental permitting of the Project without which the Mining (Exploitation) Concession cannot be granted by the Director General for Energy and Mines.

 

The IRNA approval notification states that the Barruecopardo project, as proposed and presented by Saloro in its submissions, will not adversely affect the integrity of the areas of wildlife and flora/fauna habitat in proximity to the proposed mining operation in so far as Saloro complies, inter alia, with the conditions presented in its Environmental Impact Study and Restoration Plan.

 

 

Kerr Anderson, Ormonde's Managing Director, commented:

 

"In our proposals for the re-development of mining operations at Barruecopardo, we have from the outset been very conscious of mitigating as far as possible any impacts the project may have on the local wildlife and plant habitat.

 

"We are extremely pleased to receive formal notification from the regional authorities of the positive findings in the Report on the Nature Network. This is a significant step forward for the project and one which now paves the way for the granting of the all-important Environmental Impact Declaration."

 

 

 

 

Kerr Anderson PhD EurGeolPGeo, Managing Director of Ormonde, and a qualified person as defined in the Note for Mining, Oil and Gas Companies, June 2009, of the London Stock Exchange, has reviewed and approved the technical information contained in this announcement.

 

Enquiries to:

 

Ormonde Mining plc

Kerr Anderson, Managing Director Tel: +353 (0)1 8253570

 

Bankside Consultants

Simon Rothschild Tel: +44 (0)20 7367 8888 Mob: +44 (0)7703 167065

 

Murray Consultants

Ed Micheau Tel: +353 (0)1 4980300 Mob: +353 (0)86 803 7155

 

Davy (Nomad / ESM Adviser)

Eugenée Mulhern / Roland French Tel: +353 (0)1 6796363

 

 

 

A glossary explaining technical terms contained in this announcement can be found at www.ormondemining.com/en/investors/technical_glossary.

 

For more information please visit www.ormondemining.com or follow Ormonde on Twitter https://twitter.com/ormondemining or Linkedin http://www.linkedin.com/company/ormonde-mining-plc

 

 

 

ENDS

 

 

About Ormonde

Ormonde Mining Plc is admitted to trading on the AIM market in London and the ESM market in Dublin. Ormonde is a mineral development and exploration company focused on Spain (Ticker: ORM).

 

Ormonde's key activities include:

 

Barruecopardo Tungsten- Ormonde is developing a low cost mining operation at Barruecopardo to become a major, secure European supply of tungsten.

 

Gold Exploration in several highly prospective areas of western Spain which includes its joint venture agreement with Aurum Mining plc (AIM: AUR), where Ormonde currently has a 40% interest in the Pino de Oro project in the Zamora Province and a 46% interest in the Peralonso and Cabeza projects in Salamanca Province of western Spain. Ormonde is Manager of the Joint Venture.

 

La Zarza Copper - polymetallic massive sulphide deposit in the prolific Iberian Pyrite Belt of southern Spain.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAKFXEDELEFF
Date   Source Headline
23rd Jun 20117:00 amRNSDrilling Update
20th Jun 20112:01 pmRNSAnnual Financial Report
24th May 20117:00 amRNSFinal Results
16th May 20117:00 amRNSNotification of Interest
12th May 20117:00 amRNSNotification of Interest
11th May 20112:44 pmRNSIssue of Equity
10th May 20117:00 amRNSEnterprise Securities Market Notice
9th May 201112:50 pmRNSNotification of Interest
9th May 20117:00 amRNSEngineering Firm Appointed
4th May 20117:00 amRNSPlacing
14th Apr 20117:00 amRNSBarruecopardo Drilling Results
4th Apr 20117:00 amRNSAcquisition
14th Mar 20117:00 amRNSSalamanca-Zamora Gold Exploration Update
14th Mar 20117:00 amRNSJoint Venture with Ormonde Mining plc
2nd Mar 20117:00 amRNSTungsten Update
13th Jan 20117:00 amRNSTungsten Permitting
13th Dec 20101:06 pmRNSHolding in Company
13th Dec 201010:36 amRNSHolding in Company
10th Dec 20102:34 pmRNSNotification of Interest
11th Nov 20107:00 amRNSTungsten Progress
13th Oct 20107:00 amRNSOrmonde Presentation
11th Oct 20109:53 amRNSHolding(s) in Company
6th Oct 20107:00 amRNSEnterprise Securities Market Notice
5th Oct 20102:09 pmRNSGranting of Options
30th Sep 20107:00 amRNSIssue of Equity
28th Sep 20107:00 amRNSHalf Yearly Report
27th Sep 20104:41 pmRNSSecond Price Monitoring Extn
27th Sep 20104:35 pmRNSPrice Monitoring Extension
16th Sep 20107:00 amRNSScott Wilson Study
9th Sep 20107:00 amRNSLa Zarza Update
7th Sep 20102:56 pmRNSShareholder Notification
27th Aug 201012:02 pmRNSNotification of Major Interest
26th Aug 20103:17 pmRNSNotification of Major Interest
3rd Aug 20107:01 amRNSSalamanca Gold Report
3rd Aug 20107:00 amRNSAppointment of Joint AIM Broker
28th Jul 20107:00 amRNSTungsten Review
19th Jul 201012:01 pmRNSNotification of Major Interest
16th Jul 20101:40 pmRNSEnterprise Securities Market Notice - Replacement
16th Jul 20101:20 pmRNSEnterprise Securities Market Notice
2nd Jul 20107:00 amRNSResignation of Director
30th Jun 20107:00 amRNSIssue of Equity
28th May 20102:56 pmRNSAGM Result
27th May 20107:00 amRNSMajor Tungsten Upgrade
6th May 201010:14 amRNSAnnual Financial Report
27th Apr 20107:00 amRNSFinal Results
12th Apr 20107:00 amRNSTharsis Option Agreement
19th Feb 20107:00 amRNSLa Zarza Update
27th Oct 20097:00 amRNSAntofagasta Joint Venture
28th Sep 20097:00 amRNSInterim Results
22nd Sep 200911:17 amRNSShareholder Notification

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.