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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

Post by ragnaramanduson Apr 05, 2021 8:19am
395 Views
Post# 32936174

News!

News!

TORONTO, April 05, 2021 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce it has filed a request to initiate the Strategic Environmental Assessment (“ SEA ”) for the Rovina Valley Project with the Environmental Protection Agency in Hunedoara County, Romania. The notice of filing was published in the MESAGERUL HUNEDOREAN as required under the legislation and will also be published again on April 8 th , 2021.

The contents of the public announcement made by Euro Sun’s 100% owned subsidiary in Romania are translated below:

S.C. SAMAX Romnia S.R.L. with headquarters in Cri?cior, 146 Calea Zarandului, postal code 337200, Hunedoara county, announces the completion of the first version of PUZ – Industrial Zone for the investments; Development of the Rovina mining project within the exploitation license area; and triggering of the screening phase for obtaining the environmental license.

The first version of the plan can be consulted at the Hunedoara EPA headquarters, in Deva City, 25 Aurel Vlaicu street, post code 330007, Hunedoara county, every day from Monday to Thursday from 8:00 H. to 16.30 H. and on Friday from 8:00 H to 14:30 H, as well as on Hunedoara EPA’s website: https://apmhd.anpm.ro/web/apm-hunedoara/acasa . The comments and suggestions shall be sent in writing to Hunedoara EPA’s headquarters, within 18 calendar days since this announcement appeared.

Scott Moore, Euro Sun’s CEO states, “We are pleased to initiate the SEA process with the Hunedoara County environmental protection agency. Our definitive feasibility study has outlined a generational asset that brings both the highest environmental stewardship with significant economic benefits directly to our local communities and to the County of Hunedoara as a whole. We look forward to building a stronger relationship with all of the authorities through this phase of the permit process.”

The SEA process builds on the Environmental Impact Assessment (“EIA”) approved under the Exploitation License issued by the Romanian Government on November 9 th , 2018 augmented by seventeen new or updated environmental studies on the project as required by Romanian or European regulations. These studies include such items as Air Quality, Noise, Traffic and various flora and fauna baseline studies.

The SEA process will also involve obtaining the opinions or approvals of fourteen administrative bodies. Representative agencies include the Army General Headquarters, Hunedoara County Police Inspectorate, Banat Electrical Supply Company, local and county roads administrators amongst others.

Public consultations are required under the SEA process and we intend to hold such as directed by the EPA of Hunedoara county in a timely manner but expected to occur in Q3.

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