Mr. Cary Pinkowski reports
ASTUR GOLD PROVIDES PERMITTING UPDATE ON SALAVE
Astur Gold Corp. has provided an update regarding the amended environmental impact assessment on the Salave gold project which was submitted by Astur Gold in December, 2013.
The Geological and Mining Institute of Spain (IGME) conducted a study at the request of the Directorate General of Mining and Energy of the Principality of Asturias regarding the effects of the proposed Salave mine operation. The IGME report produced from the study concludes that aquifers will not be affected by the proposed mine operation.
The IGME study was conducted in February and March, and focused on the hydrogeological characteristics of soil and water composition of the Lagunas de Silva. From the data obtained, the IGME report concludes that the proposed mine would have little to no effect on the existing water systems and that the application of passive treatment technologies in the Lagunas de Silva areas would likely improve water quality. It also indicates that natural geologic barriers will confine waters to the mine area and not affect surrounding water resources. These barriers are also seen to prevent sea water inflows.
A new 30-day review period for affected parties to comment on this report has commenced and expires on Sept. 10. The Ministry of Development, Planning and Environment announced that it will take up to 90 days, from early August, to review the new reports. The company anticipates a decision on the amended environmental impact assessment for the Salave gold project within this period.
We seek Safe Harbor.
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