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Euro Sun Mining Inc T.ESM

Alternate Symbol(s):  CPNFF

Euro Sun Mining Inc. is a Canada-based mining company. The Company is focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The Company holds the Rovina Valley Project through a mining license which covers a total of 27.68 square kilometers (km2). The Rovina Valley Project consists of three copper-gold porphyry systems referred to as Rovina, Colnic and Ciresata. The Colnic Deposit is located approximately 2.5 km south of the Rovina Deposit and the Ciresata Deposit is approximately 4 km south of the Colnic Deposit. The Rovina gold deposit holds about 400 million tons of confirmed resources containing 7.0 million ounces of gold and 1.4 billion pounds of copper.


TSX:ESM - Post by User

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Comment by grape562000on Aug 30, 2017 11:46am
99 Views
Post# 26637297

RE:RE:RE:RE:Green light fo Rosia Montana

RE:RE:RE:RE:Green light fo Rosia MontanaRosia Montana situation is not at all similar to Rovina. That said, GBU is suing the government for approval. Let the games begin. Tahoe Resources has operating mines with issued licenses that have recently been suspended. The local population get a say in the matter no matter how much clout you think you have. GBU will need to relocate the local population, some who are accepting of their offer and others who are not. GBU will use cyanide in the ore processing. There is a history of catastrophic cyanide spills in Romania...so you can't really blame people for being concerned.

GBU promised to clean up/perform reclamation of old environmental damage.

Maybe they will get their license. Maybe they won't. If they do, they will have a spotlight on them so a single mistep and game over.

Nothing like that hanging over ESM.
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