Who would of thought that in 15 working days as of Monday the below application is 2 years OLD.
The Greenland Gov. commercially are damaging IBG and need a good kick up the #ss.
The rumour is any day now I just hope they don't F##K us around anymore.
Cheers.
7 October 2014
Company Announcements
Australian Securities Exchange Limited
Exchange Plaza
2 The Esplanade
PERTH WA 6000
CITRONEN 30 YEAR ZINC MINING LICENCE APPLICATION LODGED
Ironbark Zinc Limited (Ironbark) is pleased to announce that it has lodged the formal application for an
Exploitation Licence (Mining Licence) with the Greenland Government authorities for the Company’s 100%owned world-class Citronen Base Metal Project (Citronen). This is a defining step forward for Ironbark as the Company progresses towards developing a globally significant zinc mining operation.
A Mining Licence application in Greenland differs from mining licences in other jurisdictions in that it is comprehensive and encompasses all aspects of the proposed mine such as the environmental permitting and social commitments. Following approval, the Mining Licence would provide Ironbark with the right tomine for a period of 30 years.
Greenland, which has a history of zinc and lead mining, is proactive and pro-mining with zinc and lead beingapproved metals for exploitation. Greenland is aggressively seeking to develop a strong mineral and
petroleum industry and has returned very high global rankings on the annual Fraser Institute survey.
The Mining Licence application, which has been prepared in significant consultation with the relevant
Greenlandic and Danish authorities, comprises of the following documents:
Feasibility Study;
Social Impact Study (SIA);
Environmental Impact Study with base line surveys (EIA); and
Navigational Safety Investigation (NSI).
The documents encompass some of the following studies and plans:
Environmental Management;
Training, Employment, Health and Safety planning; and
Full Feasibility Study covering the Process Plant, Infrastructure Works, Mine Development
Underground and Open Pit, Tailings Disposal, Power Generation, Accommodation and Emergency
Services, Ship-Loading and Shipping and Execution Planning.
Ironbark will be required to manage a public consultation process as part of the application process and
enter into an Impact Benefit Agreement (IBA) prior to being awarded a Mining Licence. The IBA is a
document used to provide a formal framework for Ironbark’s obligations such as training and employment
commitments to the Greenlandic people.
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