Ironbark Zinc Limited (ASX: IBG) ("Ironbark" or "the Company")...

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Ironbark Zinc Limited (ASX: IBG) ("Ironbark" or "the Company") reports on its activities for the period ending 31 March 2015, where it remained well funded and focused on advancing the development of the Citronen Base Metals Project ("Citronen") in Greenland into a world-class mining operation.


Progress during the quarter has been solid with the Citronen Exploitation Licence Application (Mining Licence Application). The Greenland Government has recently undergone significant change with new Ministers appointed across a range of Ministries and responsibility for the permitting now spread across three of these ministries. Meetings were held with Mr. Andreas Uldum, the Minister for Ministry of Mineral Resources, in Canada when Ironbark presented on behalf of the Greenland Day promotion at the Prospectors and Developers Association of Canada (PDAC). Meetings were also held in Greenland with Mr. Mala Høy Kúko the Minister for the Ministry of Nature, Environment and Justice and Mr. Vittus Qujaukitsoq the Minister for the Ministry of Industry, Labour and Trade. The meetings were positive and constructive with strong support across the three relevant Ministries for the Citronen development.


During the quarter Ironbark announced that, following the Company’s lodgement of the formal Mining Licence Application for Citronen with the Greenland Government authorities, it had received an update from the Environment Agency for Mineral Resources Activities – Danish Centre for Environment and Energy (DCE) regarding the Mining Licence Application. The DCE review of Ironbark’s Environmental Impact Assessment (EIA) and its appendices (with reference to its suitability for being published on the Naalakersuisut Public consultations as part of the public hearing process) found that all environmental issues have now been treated satisfactorily in the EIA.


Several questions and suggestions were subsequently introduced into the Social Impact Assessment (SIA) document by the Greenland Government which have been addressed by Ironbark and we now await formal approval or further comment.