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Grant of Planning Permission

29 Apr 2016 07:00

RNS Number : 7454W
Scotgold Resources Ltd
28 April 2016
 

SCOTGOLD RESOURCES LIMITED

 

Grant of Planning Permission for Bulk Processing Trial at Cononish Gold and Silver Project

 

Scotgold Resources Limited (the "Company")(ASX:SGZ, AIM: SGZ) is pleased to announce that the Company has received notification from the Loch Lomond and the Trossachs National Park Planning Authority ("LLTNPPA") that its application for "Change of use of existing shed to processing plant, siting of container and ancillary equipment, storage of residual material. (temporary permission)" has been approved, subject to certain conditions. These conditions are principally related to: hours of work, duration of trial, environmental and visual impacts, remediation and monitoring and reporting, and are considered appropriate to the Company's application.

 

Full details of the decision notice and attaching conditions can be found on the Company's website at www.scotgoldresources.com and the Loch Lomond and the Trossachs National Park website.

 

Richard Gray, Chief Executive Officer commented: "The professional approach taken by the LLTNPPA's team has enabled a rigorous and diligent report to be concluded within the target timelines and a positive conclusion reached. It is also significant that the LLTNPPA have given consideration to both the employment created directly by the Bulk Processing Trial ("BPT") and indirectly by facilitating the full development of the Cononish Gold and Silver Project. With this permission now in place, the BPT can proceed with on site activities and the Company expects to release further news on this in the coming weeks."

 

For further information please contact:

 

Scotgold Resources

Limited

Stockdale Securities

Limited

Capital Markets

Consultants

Vicarage Capital

Limited

Richard Gray - CEO

Robert Finlay/

Alastair Stratton/ Ed Thomas

Simon Rothschild

Rupert Williams

Tel: +44 (0)1838 400 306

Tel: +44 (0)20 7601 6100

Tel +44 (0)7703 167 065

Tel: +44 (0)20 3651 2911

 

 

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