Comment by TiredofWatingon Apr 28, 2025 1:07pm

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Post# 36553406
RE:RE:RE:RE:RE:Concession 3452
RE:RE:RE:RE:RE:Concession 3452On April 1, 2019, the Company notified Colombia of its intention to renounce Concession 3452. The Colombian National Mining Agency (“ANM”) has 30 business days to comment on Eco Oro’s decision to renounce the title. If it fails to do so, the renunciation will automatically be deemed to have been accepted. Eco Oro will be required in due course to submit a plan for the closure of Concession 3452 to the local environmental authority, the Autonomous Corporation for the Defense of the Bucaramanga Plateau (the “CDMB”).
These documents are from 6 years ago. We need clarification from Eco Oro today.
And, yes, I agree that much of the concession is outside of the paramo. The question remains, do we still have that concession?
Lets hope Eco Oro is in discussion with a buyer - for whatever concessions we still hold.