Euro Sun Mining Inc T.ESM

Alternate Symbol(s): CPNFF

Metals & Mining Industrial Metals & Minerals

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.

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Euro Sun Mining Inc

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Comment by grape562000on Sep 12, 2018 11:20am

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Post# 28604827

RE:https://uk.practicallaw.thomsonreuters.com/7-566-1143?transi

According to this article,

A production licence is awarded only after the relevant environmental impact assessment (EIA) is conducted.

According to the ESM corporate presentation, the feasability and environmental (EIA) studies are "to be completed in parallel in 2018/2019 pending ratification"

Does it sound to anyone besides me that the license can't/won't be ratified prior to completion of an EIA?

Surely this can't be the hold-up -- or can it?

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