16 Aug 2012 07:00
16 August 2012
Sirius Minerals Plc
Marine Management Organisation Application
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY) ("Sirius" or the "Company"), the globally diversified Potash development group, are pleased to provide an update on the permitting process for the York Potash Project.
The Company's subsidiary, York Potash Ltd, has submitted an application for a marine license for the extraction of potash minerals beneath the seabed within its offshore project area. The potash minerals lie in seams below the seabed and would be accessed via tunnels from onshore.
The submission represents a required component of the overall consenting process for the York Potash Project, but is only implementable if a forthcoming onshore application results in the granting of planning permission.
Chris Fraser, Managing Director and CEO of Sirius said:
"This is an important license that the project will require in the long term. In parallel with this being determined, we continue to work up the detailed onshore application which will be preceded by extensive public consultation in the coming months."
For further information, please contact:
Sirius Minerals Plc | |||
Peter McLennan(General Manager - Commercial) | Tel: +44 8455 240 247
| Email: info@siriusminerals.com | |
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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. It is developing the flagship York Potash Project in North Yorkshire, United Kingdom (North Yorkshire) and holds properties in the United States (North Dakota), and Australia (Queensland and Western Australia).
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 a sponsored ADR facility. Further information on the Company can be found at www.siriusminerals.com.