7 Apr 2011 07:00
For immediate release: 0700hrs, 7 APRIL 2011
Sirius Minerals Plc
("Sirius" or the "Company")
Cultural Heritage Management Agreement Signed for Adavale Project
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY), the globally diversified potash development group, are pleased to announce the signing of a Cultural Heritage Management Agreement ("CHMA") with the Bidjara People, the Registered Native Title Claimants over the area in Queensland containing the Adavale Project.
The CHMA establishes a formal framework for the management and protection of Aboriginal Cultural Heritage sites and a basis for expediting exploration activities on the Adavale Project.
Chris Fraser, Managing Director and CEO of Sirius said: "We are very pleased to conclude this CHMA with the Bidjara People. It clears the way for Sirius to advance the Adavale Project while protecting areas and objects of significance to Aboriginal Cultural Heritage. The Bidjara People are important stakeholders for the Adavale Project and we look forward to a positive long-term working relationship."
For further information, please contact:
Sirius Minerals Plc | |||
Chris Fraser(MD & CEO) | Tel: +44 7582711382 or +61 404 073 288 | Andrew Lindsay(FD & CFO) | Tel: +44 20 7917 2800 |
NOMAD | Joint Brokers | Media Enquiries | |
Beaumont Cornish Limited | XCAP Securities Plc | Daniel Stewart & Company Plc | Gth Media Relations |
Roland Cornish/ James Biddle | John Grant, Karen Kelly, David Newton | Christopher Theis / Noelle Greenaway | Toby Hall/Christian Pickel |
Tel: +44 207 628 3396 | Tel: +44 20 7101 7070 | Tel: + 44 20 7776 6550 | Tel: + 44 20 3103 3903 |
About Sirius Minerals Plc
Sirius Minerals is a globally diversified potash development company. Its primary focus is to bring on stream major potash mining facilities through the acquisition and development of projects overlying recognised potash deposits. Today it holds properties in the United Kingdom (North Yorkshire), the United States (North Dakota), and Australia (Queensland and Western Australia).
The Company is additionally progressing ongoing Research and Development initiatives into the secondary uses of salt and potash beds for energy storage and carbon dioxide sequestration.
Incorporated in 2003, Sirius Minerals' shares are traded on the London Stock Exchange's AIM market. Its shares are also traded in the United States on the OTCQX through the use of a sponsored ADR facility. Further information on the Company can be found at www.siriusminerals.com.