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Enviro approval for OreCorp's Nyanzaga gold project granted

14th February 2018

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

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JOHANNESBURG (miningweekly.com) - The environmental certificate for mineral exploration company OreCorp's Nyanzaga gold project, in the Lake Victoria Goldfields of Tanzania, has been granted, the company announced on Wednesday.

The certificate, which is a culmination of over 18 month's work by the company, stakeholders and in-country consultants, is an essential component for the grant of a special mining licence (SML) and is a significant step forward in the permitting for the project.

A definitive feasibility study (DFS) is under way at Nyanzaga, which hosts a Joint Ore Reserves Committee 2012 compliant mineral resource estimate of 3.1-million ounces at 4 g/t gold.

The SML application has been lodged and is expected to progress through the application process once the moratorium on the grant of new licences is lifted.

The ASX-listed company will provide updates on both the progression of the DFS and SML application, as appropriate.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

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