Astur Gold Announces Approval of Environmental Impact Assessment for Mine Development at Salave
28 Novembre 2012 - 7:03PM
Marketwired Canada
Astur Gold Corp. (TSX VENTURE:AST)(FRANKFURT:CDC) ("Astur Gold" or the
"Company") is pleased to announce that the Commission for Environmental Affairs
of the Principality of Asturias ("CAMA") has issued a positive Environmental
Impact Statement ("EIS") for mine development at the Salave gold project in
Asturias, Spain. The EIS approves the majority of the elements in the
Environmental Impact Assessment ("EIA") the Company submitted on May 17, 2012,
including the construction of the underground mine, 2.7km decline, an
underground crushing plant, ventilation shafts, waste dumps, and surface
stockpiles, as well as ancillary facilities associated with the planned mine
such as access, the power line, and the concrete plant.
Additional information regarding water quality discharge limits and handling was
requested before approving the mill and tailings facilities. Astur Gold is
moving to expedite requested info as soon as possible. The CAMA did not include
the planned exploration drift and its auxiliary facilities because these were
not considered critical to the process of mineral extraction and therefore the
environmental impacts are avoidable.
"We are grateful for the outstanding contribution and support of thousands of
members of the local community who have shared their ideas and concerns
regarding the social, environmental, and economic aspects of the project. We are
extremely pleased with the Asturian Government's approval of all major mining
elements of the EIA, which is the most important step toward bringing the Salave
gold project into production," stated Astur Gold President and CEO, Cary
Pinkowski. "Together, our company and the community can now progress toward
construction on the mine for the benefit of the entire region. I would like to
publicly thank our team in Tapia for their tremendous effort and professionalism
in achieving this major milestone."
The meeting was held in Oviedo on November 27, 2012 under the Chairmanship of
the Minister of Development, Planning and Environment, Belen Fernandez. The
agreement has been adopted by the affirmative vote of all representatives of the
Principality of Asturias and the CHC.
The Minister of Development, Planning and Environment, Belen Fernandez stated
this decision is taken "with the law in their hands, which will reconcile
environmental protection and defense of economic activity."
Astur Gold is excited about the future given this major permitting success on
one of the highest valued assets in Europe. The share count remains intact over
the last two years at only 34.5 million shares outstanding. Astur Gold is poised
to deliver substantial returns to shareholders.
ABOUT ASTUR GOLD
Astur Gold is developing its 100% owned Salave Gold Project in Asturias,
northern Spain. Salave is one of the largest undeveloped gold deposits in
Western Europe. Astur Gold is building a partnership with the people of Asturias
to generate sustainable economic benefits for the region while balancing the
needs of environmental protection and social community development.
ON BEHALF OF THE BOARD
Cary Pinkowski, Chief Executive Officer, President and Director
Mineral resources that are not mineral reserves do not have demonstrated
economic viability.
This document contains certain forward-looking statements which involve known
and unknown risks, delays and uncertainties not under the Company's control
which may cause actual results, performance or achievements of the Company to be
materially different from the results, performance or expectation implied by
these forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
Astur Gold Corp.
Vadim Dubchak
604-694-1600
604-694-1663 (FAX)
info@asturgold.com
www.asturgold.com
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