Nevsun Receives Permit for Exploration Decline at Timok Project in Serbia
Nevsun Resources Ltd.announced today it received the Decline Exploration Permit from the Serbian Ministry of Mining and Energy for the Timok Upper Zone project.
Peter Kukielski, Nevsun CEO, commented, “Our team has been working closely with the Ministry of Mining and Energy and other government agencies in Serbia over the past several months to achieve this significant milestone for the Timok Upper Zone project. The pre-feasibility study remains on track for release at the end of Q1 2018, after which we expect to immediately proceed with the full feasibility study work. We would like to thank the State of Serbia for their ongoing support of the project and our team in Serbia for their hard work in managing the permitting process.”
With this permit in place, the Timok project team will commence preparatory work and contracting for construction of the decline. The exploration decline is expected to take approximately two years to reach the Timok Upper Zone orebody.
Source: nevsun.com
Latest Posts
- Serbia, The real plans of the Jadar project
- Eurasian Resources Group highly commends the publication of the Critical Raw Materials Act
- Rio Tinto has spent more than a million euros on land in Serbia at the proposed site of a lithium mine that was eventually cancelled a year ago
- A new grievance mechanism for Chinese overseas mining needs to be free to use
- Europe revives mining to reduce dependence on the import of key raw materials, supply from Serbia as competitive choice
Popular Post
- Serbia, The real plans of the Jadar project
- Who are the main players in the ore exploration business in Serbia
- Rio Tinto Ultra lithium mining project in Serbia
- Lithium extraction in Europe
- Erin Ventures boron Piskanja project in Serbia, drilling report updates
- What Are The Major Natural Resources Of Macedonia?
- Serbian calcite exploitation company Belkalhan opening supply channels toward Europe industrial users for delivery contracts 2024/2025
- First Quantum Minerals, Roaring Back to Life thanks to sale of Kevitsa nickel-copper-platinum mine in Finland
- Europe revives mining to reduce dependence on the import of key raw materials, supply from Serbia as competitive choice
- Rio Tinto has spent more than a million euros on land in Serbia at the proposed site of a lithium mine that was eventually cancelled a year ago