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Adventus Mining Corp. ADVZF


Primary Symbol: V.ADZN

Adventus Mining Corporation is a copper-gold exploration and development company. Its Curipamba project comprises seven concessions representing over 21,500 hectares (ha) and includes the advanced high-grade copper-gold El Domo deposit. Its Pijili project is located in an established mining area in southwestern Ecuador in the province of Azuay, over 150 kilometers (km) from the major port city of Guayaquil. Pijili consists of three concessions, which total 3,246 ha. Its Santiago project is located in south-central Ecuador in the province of Loja, over 37 km north of the city of Loja. Its Irish projects hold about 40 exploration prospecting licenses in the Republic of Ireland, comprising three separate blocks across the principal prospective areas of the North Midlands and Southwest Ireland. Its Irish projects include Rathkeale project, Kingscourt project and Fermoy project. It also owns the Condor gold project and a large exploration project portfolio that spans over 135,000 hectares.


TSXV:ADZN - Post by User

Post by EvenSteven27on Jan 25, 2024 4:14pm
150 Views
Post# 35845841

Adventus Secures Environmental License

Adventus Secures Environmental License Adventus Mining and Salazar Resources have secured the environmental license for the construction and operation of their El Domo-Curipamba project in central Ecuador.
 
The license to the copper-gold project was granted by the Ecuadorian Ministry of Environment, Water, and Energy Transition (MAATE).
 
Adventus Mining president and CEO Christian Kargl-Simard said: “The granting of the Environmental License is the culmination of 17 years of diligent effort starting with exploration in 2007 that led to the discovery of the El Domo deposit in 2008 and included the publication of the NI 43-101 compliant feasibility study in October 2021.
 
“This Environmental License is a tremendous achievement for our team and stakeholders, who worked tirelessly to transparently advance the El Domo-Curipamba project.”
 
 
The environmental licensing process commenced in November 2021 with the submission of the environmental and social impact assessment (ESIA) and the Environmental Management Plan (EMP).
 
MAATE granted technical approval for the ESIA and EMP in May 2022. The conclusive stage of the permitting process, known as the environmental consultation took place between July and December 2023.
 
The process adhered to guidelines set forth by the Constitutional Court of Ecuador, which integrates Escaz principles and other international standards concerning community participation in development projects.
 
Salazar Resources president and CEO Fredy Salazar said: “On behalf of the Salazar team, I would like to take this opportunity to thank the many people who have been involved each step of the way from initial discovery to today’s Environmental License.
 
“This approval will allow the construction and operation of El Domo, which will provide a new generation of opportunities for the people of central Ecuador.”
 
The Curipamba project includes seven concessions covering around 21,500ha and hosts the advanced high-grade copper-gold El Domo deposit.
 
It is located approximately 150 km northeast of the port city of Guayaquil. The concessions extend across low-lying hills and plains, ranging from 300m to 900m above sea level.
 
El Domo, which is characterised by a flat-lying tabular shape, is a volcanogenic massive sulphide (VMS) deposit with mineralisation starting at 30m from the surface and dimensions of approximately 800 x 400m.
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