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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canada-based precious metals exploration and mining development company. The Company was focused on advancing its principal asset, the Angostura Underground project. Its Angostura project is located in northeastern Colombia. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim has now become the core focus of the Company.


CSE:EOM - Post by User

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Comment by wiseyoungmanon Dec 16, 2014 2:32pm
312 Views
Post# 23236593

RE:Coordinates to be released on Friday (+devepment plan)

RE:Coordinates to be released on Friday (+devepment plan)
My translation is a bit different and implies this will be released this Friday.

By law, the area that is within the coordinates of the Páramo of Santurbán is excluded from all agricultural and mining activities.
The administrative act that finally will define the legal coordinates of the Páramo de Santurbán (Santander) will be announced on Friday at a press conference which will be held at the headquarters of the autonomous corporation for the defense of the Bucaramanga plateau (CMDB).
The press conference will be held at ten o'clock in the morning and the Act must also be published in the official journal.
By law, the area that is within the coordinates of the Páramo of Santurbán is excluded from all agricultural and mining activities.
Three of the companies operating in the area, Eco gold, Leyhat and AUX, have its scanning operations suspended for more than one year before the uncertainty of whether they are or not within the Moor.
For this reason, they have advanced programs of reducing costs that have left jobless more than 2 thousand persons, especially from the municipalities of veins and California (Santander). This has triggered a boom in illegal mining in the area, people who know the goldfields and the pitheads and come without any protection to search for ore.
In the corregimiento of Berlin (municipality of Tona, Santander) they are also aware of the decision, since it is the second largest producer of onion in the country and some of the areas of crops could be within the Moor.
The Ministry of environment has said on previous occasions that together with the administrative act will release a development plan for the moor of Santurbán.
Nohora Celedón, Portfolio.



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