HCY halcyon group ltd

Looks like they will be in production sooner than expected!Level...

  1. 1,727 Posts.
    Looks like they will be in production sooner than expected!


    Level 2, 45 Richardson Street, West Perth WA 6005 PO Box 568 West Perth WA 6872 t: 61 8 9481 2433 f: 61 8 9322 5907
    www.halcyongroup.com.au
    ASX Announcement & Media Release
    16 October 2007
    FLORA AND FAUNA SURVEY COMPLETED
    Highlights
    • Flora and Fauna survey completed for Patch-Gulch first pit project area
    • No Priority or Declared Rare Flora or Fauna found
    • Vegetation Clearance and Approval to Mine application to be submitted in the near future
    Emerging nickel producer Halcyon Group Limited (ASX:HCY) has today announced the completion of a Flora and Fauna survey of
    on its Canegrass Nickel Cobalt Project (CNCP) Siberia, 70 kms north, northwest of Kalgoorlie. The Flora and Fauna survey was
    conducted by J & J Tucker Environmental Solutions for the purpose of gaining approval for a Mining Proposal.
    The Flora and Fauna survey was based on extending work done by Outback Ecology Services in their 2003 report for Siberia
    Mining Company Limited to cover Halcyon’s proposed Patch-Gulch first pit project area.
    The survey identified no Priority or Declared Rare Flora or Fauna. The report also noted that the area was relatively weed free.
    Managing Director, Mr Tan said that the completion of the Flora and Fauna survey is an important step in the company’s objective
    to gain mining approval and commence mining by late Quarter 1, 2008, subject to suitable commercial arrangements with nearby
    laterite nickel producers. The feasibility study and development plans for a low-cost, low-risk starter project is well in progress and
    the Company expects to be submitting a “vegetation clearance application” and an “approval to mine” in the very near future.”
    Iggy Tan
    Managing Director
    About Halcyon
    Halcyon Group Limited is a Perth-based Nickel exploration company listed on Australian Securities Exchange, exchange code HCY. The Company’s primary
    focus is on exploring, realising and expanding the economic potential of the Canegrass, Mount Pleasant, Lake Marmion, Goongarrie East and Bardoc projects in
    Western Australia’s Eastern Goldfields. Members of the Halcyon Board and management team have proven records in mineral exploration, project development
    and project financing.
    For further information please contact
    Iggy Tan – Managing Director John Nayton – External Affairs
    +61 8 9481 2433 0422 414 983
    email: [email protected] email: [email protected]
 
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