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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.
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