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Signature to submit EIS for Ghana mine, licence extended
 
14th July 2010
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PERTH (miningweekly.com) – ASX-listed Signature Metals will submit an environmental-impact study for its flagship Ghana gold project before the end of September, MD Bill Oliver reported on Wednesday.

An environmental permit from the Ghanaian environmental protection authority is the only outstanding approval required to restart mining and production at Konongo.

The company also said on Wednesday that its mining licence for the Konongo project had been extended by a further 13 years, to 2023.

Signature said that the extension was granted based on its preliminary mining plan, as well as the considerable development that has been carried out on the project since operations began in mid-2009.

The extension enabled Signature to further commit to studies into the potential expansion of Konongo project, located in Ghana’s Ashanti Gold Belt.

Signature wants to develop Konongo into a 100 000 oz/y gold producer from the existing Joint Ore Reserves Committee (Jorc) resources of over 1,2-million ounces.

Edited by: Mariaan Webb

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