From BMV28/02/2019 7:00am
UK Regulatory (RNS & others)
TIDMBMV
RNS Number : 3402R
Bluebird Merchant Ventures Limited
28 February 2019
28 February 2019
Bluebird Merchant Ventures Ltd
(the "Company" or "Bluebird")
Interim Report and Accounts for the Half Year Ended 31 December 2018 and Kochang Mine Update
Bluebird Merchant Ventures (EPIC: BMV), the Asian focused resource development group, is pleased to announce its Interim Report and Accounts for the half year ended 31 December 2018 which shall be available on the Company website and to provide an operational update on the Kochang Mine.
Kochang Mine Update
Bluebird are pleased to provide the following updates in relation to the Kochang mine. The Kochang application for a 'permit to develop' will be submitted the week beginning 4 March 2019.
Bluebird has also held two meetings with personnel from Korean Resources Corporation (KORES), a South Korean government owned company over the past 10 days, which included a site visit, with respect to the planned underground drill programme. The feedback the Company received was optimistic and expectations are high for a positive approval in March. KORES expressed hope that the potential presented in the outcomes of their November 2018 report as previously announced on 11 February 2019 will be confirmed by the drill results.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 ("MAR")
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