Less Ads, More Data, More Tools Register for FREE

Pin to quick picksORM.L Regulatory News (ORM)

  • There is currently no data for ORM

Tungsten Permitting

13 Jan 2011 07:00

RNS Number : 3723Z
Ormonde Mining PLC
13 January 2011
 

13 January 2011

 

Ormonde Mining plc

("Ormonde" or "the Company")

 

Application for Mining Concession Submitted for Barruecopardo Tungsten Project

 

The Board of Ormonde is very pleased to report that its wholly-owned Spanish subsidiary, Saloro SLU ("Saloro"), has submitted the application to the relevant mining authorities for a Mining Concession for the proposed Barruecopardo Tungsten Mine in Salamanca, together with documentation required for the first stage of project permitting ("Documento Inicial").

 

 

Kerr Anderson, Ormonde's Managing Director, said:

 

"The submission of the application for a Mining Concession is a major milestone in our roadmap to tungsten production at Barruecopardo by late 2012. The documentation accompanying the submission outlines the operating and design criteria for the proposed mining operation and we will now liaise closely with both the local administration and competent authorities as the permitting process progresses. We are extremely pleased with the local support received for the project to-date.

On a technical level, our infill drilling programme continues, with results from the initial holes expected in the coming weeks".

 

 

The information and results of the study recently completed by Scott Wilson Mining, in addition to data provided from ongoing environmental studies, have been incorporated into the initial permitting documentation required under Spanish Law for the proposed operation at Barruecopardo, termed a "Documento Inicial". This document has been jointly prepared by Spanish consultants SADIM, who have extensive experience in the preparation of similar permitting submissions, and SIEMCALSA, Saloro's joint venture partner (10%) in the project.

 

Infill drilling is progressing on the southern portion of the deposit, with samples from initial holes forwarded to the laboratory for assay. Assay results will be reported as appropriate as the programme progresses. In addition, the bulk sample for the confirmatory stage of metallurgical testwork to facilitate the design of the "clean-up" circuit configuration for the processing plant has been despatched to the metallurgical laboratory. The results of this testwork will enable the commencement of definitive processing design work.

 

 

Kerr Anderson PhD EurGeolPGeo, Managing Director of Ormonde Mining plc, and a qualified person as defined in the Guidance 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.

 

 

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.

 

 

Enquiries to:

 

Ormonde Mining plc

Kerr Anderson, Managing Director Tel: +353 (0)46 9073623

 

Bankside Consultants

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

 

Davy (Nomad / ESM Adviser)

Fergal Meegan/Roland French Tel: +353 (0)1 679 6363

 

Fairfax I.S. PLC (Joint Broker)

Ewan Leggat/Katy Birkin Tel: +44 (0)207 598 5368

 

 

ENDS

 

 

About Ormonde

Ormonde Mining Plc is quoted on the AIM in London & the ESM in Dublin. Ormonde is a mineral development and exploration company focused on Spain (Ticker ORM).

 

Ormonde's key activities include:

 

The Barruecopardo Tungsten Project - Ormonde is developing a low cost mining operation at Barruecopardo to initially produce ~8% of non-Chinese global mine production from 2012; operations to be expanded post start-up to become a major long-life mine.

 

The La Zarza Copper-Gold Project - Joint Venture with Antofagasta Minerals - a large "massive sulphide" deposit with significant copper, gold and zinc resources; exploration for an enlargement to the copper resource is being funded by Antofagasta.

 

Gold Exploration in several highly prospective areas of western Spain.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCFMGMMVZZGMZM
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.