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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

Bullboard Posts
Comment by sclurion Nov 09, 2018 10:32am
140 Views
Post# 28950034

RE:RE:RE:RE:RE:RE:Meeting today

RE:RE:RE:RE:RE:RE:Meeting today

The Government adopted on Friday a decision on the approval of the concession license no. 18.174 / 2015 of the mining activity of copper ore containing gold in the Rovina perimeter, Hunedoara County, concluded between the National Agency for Mineral Resources and SC SAMAX Romania SRL

The Rovina mine contains large amounts of gold and copper, 120 tons of gold and 100,000 tons of copper.

The Rovina concession is located in the Apuseni Mountains, about 20 kilometers from Roia Montan.

In May 2015, Carpathian Gold obtained a license from the National Agency for Mineral Resources (ANRM) to exploit gold in Rovina for a period of 20 years. was the  first time Romania granted a license for the exploitation of metals without the involvement of a state-owned company.

 

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