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Eco Oro Minerals Corp C.EOM

Alternate Symbol(s):  GYSLF

Eco Oro Minerals Corp. is a Canadian precious metals exploration and development company. The Company was focused on the development of the Angostura Project in northeastern Colombia, which consists of the main Angostura deposit and its five satellite prospects. The International Centre for Settlement of Investment Disputes (ICSID) Arbitration Claim became the core focus of the Company.


CSE:EOM - Post by User

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Post by oldtimer42on May 17, 2015 11:52am
234 Views
Post# 23737241

Translation of Drysan post

Translation of Drysan postENGAnd https://m.vanguardia.com/economia/local/311912-pnd-y-minambiente-no-dan-claridad-sobre-santurbanPND Minambiente does not give clarity on SanturbanComparta this article ' Echo Gold and Leyhat each have nine mining titles superimposed within the paramo Santurban. (Photo: File/ VANGUARDIA LIBERAL)The last few weeks have been key to the future of the fells in the country. The adoption of the National Development Plan would provide the option of developing extractive projects in this type of ecosystem.With the delimitation of the páramo Santurban left a door ajar for mining projects around this type of ecosystem.The more than 100 thousand hectares that were declared 'untouchables' by the Ministry of the environment, they represent 70% of the paramo; however, close to 35 thousand hectares that would be in a 'limbo' inside the fence, will mark the destination of the mining projects in the area.In December of 2014, when he became the definitive map of the delimitation, the Minambiente assured that there are areas of the moor where interventions will be directed and not only on the part of farmers, Since the mining would be accommodated within these ecosystems specifically detailed, but that are inside of the paramo.clearly, the sectors of 'restoration' of the ecosystem are located in the surrounding areas to the large-scale mining projects that are currently posted in the area (Leyhat and Eco-Oro ) .As revealed this journal, before the end of 2014 Eco Gold assured not to leave the area and that the study of how to carry out your project, always, when it deems viable.However, the beginning of the year brought the debate on the National Development Plan, and this was key to the fate of the páramo. Why is that? Because it was the NDP of 2010-2014 that put the 'tatequieto' to the mining in these ecosystems and, as it ensures the geologist Ricardo Lozano, "the program has already expired and what is going to happen from here on, it will be to another price" .AND seems to be true, since according to denounced the senator Ivan Cepeda, article 159 of the NDP in its paragraph 1 indicates that the activities of exploration and exploitation of resources in areas of moor with contract and environmental license granted before February 9 of 2010, will continue to run until its termination.This is a radical change in the discourse if it is taken into account that, in the PND was signed in 2010 clearly prohibiting Any action mining in ecosystems of fells.The environment minister, Gabriel Vallejo, he said, angrily, that his ministry "is protecting the moors; the mining is prohibited in these ecosystems" .but to line followed ratified as embodied in the PND that enables you to develop your work to those who have a seniority with the titles.This kind of ambiguity are not just rhetorical, because to be embodied in the roadmap of the National Government for the next four years, shall identify the policies that will be implemented in the region of Santurban.The mining in Soto norteActualmente in Soto North the three miners that have titles in the area live different situations. Sources close to Echo Gold assured that in the next few weeks will be the first results on the technical feasibility of the Angostura project with the delimitation of Minambiente. For its part, Leyhat has not announced whether he will or not in the territory of veins. 
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