RE:RE:Capex Estimatesja_prufrock wrote:
OD/Tony,
Do you guys have any idea of the relative infrastructure at each with respect to utilities (including water), shipping, etc.? Thank you.
JA
According to Co.'s News Release, Ivan plant was on care and maintenance but has the key water rights & environment permitting in place that might require some updating...In terms of exploration at Marimaca...Water Rights:- The area lacks of water resources in the form of surface flows and no exploration for underground resources has been carried out on or near the property. The deeper mining workings, of about 100 m and the drill holes of MCAL that reached up to 350 m of depth did not encounter water. Consequently there are no water rights that could affect mining development in the area.... Environmental Liabilities and Permits:- The magnitude or intervention of the mining works executed in the property Marimaca does not qualify to be submitted to the environmental norm. There are no permits or commitments in force resulting from the application of Chilean environmental regulations. The work of small miners is regulated by the mining safety regulations, whose implementation is monitored by the National Service of Geology and Mining (SERNAGEOMIN).