Awesome!!
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•Symbol has received formal approval for the Imperial Project Environmental Impact Assessment (EIA) from the Nigerian Federal Ministry of Environment
• The Community Development Agreement (CDA) was separately executed recently with landholder consent being granted for the commencement of mining
• Both the EIA and CDA approvals are critical steps for the Mining Lease (ML) approval and are important components of the soon to be completed Scoping Study. • Approval of the ML application is now fully anticipated within a statutory 45 day period.
• The lodged ML covers both the Macy Project and Aisha Prospect. Aisha is currently being drilled for a JORC compliant resource • Symbol is on schedule for commercialisation of the high grade zinc and lead deposit at Macy with mining anticipated in Q2 - 2018 and expansion of the Imperial JV resources by infill and exploration drilling.
SL1 Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
