Permitting Process Completed
22 Luglio 2008 - 8:00AM
UK Regulatory
RNS Number : 5655Z
International Consolidated Min. Inc
22 July 2008
22 July 2008
INTERNATIONAL CONSOLIDATED MINERALS INC.
Pachapaqui - Permitting Process Completed
International Consolidated Minerals Inc. (AIM: ICMI) (the "Company" or "ICMI"), the South American focused mineral exploration and
development company, is pleased to announce that it has now received a beneficiation permit for its concentrator plant at the Pachapaqui
Mine in Peru, following, as previously announced on 15 April 2008, approval of the final Environmental Impact Study ("EIS"). The EIS was
approved by the Ministry of Energy and Mines on 4 February 2008. This final permit approval now allows the Company to rehabilitate and
construct the concentrating facilities to facilitate a mill feed rate of 1,500 tonnes per day.
Marvin H. Pelley, Chief Operating Officer commented:,
"Completing the permitting process following approval of Pachapaqui's EIS is an important milestone for the development of this
extraordinary mining asset. We continue working towards our earlier stated goal of commencing production in Q1 2009".
Enquiries:
Pawan Sharma, Executive Vice International Tel: +44 (0)20 7808
President - Corporate Affairs Consolidated 4851
Minerals Limited
Simon Raggett / Warren Pearce Strand Partners Tel: +44 (0)20 7409
Limited 3494
Charles Vivian / Sergei Pelham PR Tel: +44 (0)20 7743
Stephantsov 6672 / 6604
ADDITIONAL INFORMATION ON INTERNATIONAL CONSOLIDATED MINERALS Inc
International Consolidated Minerals Inc (AIM "ICMI"), the South American focused mineral exploration company was formed to pursue the
exploration, development and production of mineral assets with a focus in Latin America, and initially in Peru on the Pachapaqui Mine.
ICMI's strategy is to focus on the development of high-quality mining assets at an advanced stage of development. ICMI's main asset and
current focus is on the Pachapaqui mining concession which contains zinc, lead, copper, silver and gold minerals. This concession was
acquired in 2005 along with 32 mining concessions of 2,105 hectares and one beneficiation concession of 65 hectares including a disused mine
and concentrator which ICMI is currently in the process of upgrading. In 2007 ICMI embarked on a drilling and exploration programme
primarily in and around the Mantos area and the company intends to use this project to increase resources and reserves. Further information
available from the website at: http://www.icmi-inc.com
- END -
This information is provided by RNS
The company news service from the London Stock Exchange
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