AVZ Managing Director, Mr. Nigel Ferguson said: “The award of a Permis d’Exploitation (“Mining Licence”) for the Manono Project has been a priority focus for the Company during the March 2022 Quarter.
“During the past three months, the Company has remained in close consultation with the DRC Government authorities that are undertaking the Mining Licence assessment and, following the receipt of a favourable technical opinion on the April 2020 Manono Project Definitive Feasibility Study (“DFS”) from the Department of Mines in April*, we are now extremely confident of securing a positive outcome with respect to all licence and permitting agreements for the Manono Project.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held