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European Uranium's Kuriskova License Renewal Challenged
European Uranium's Kuriskova License Renewal Challenged Vancouver, British Columbia CANADA, ...
About this update from Azarga Metals Corp.
[{"type":"text","content":"European Uranium's Kuriskova License Renewal ChallengedEuropean Uranium's Kuriskova License Renewal Challenged\nVancouver, British Columbia CANADA, August 22, 2013 /FSC/ - European Uranium Resources Ltd. (EUU - TSX Venture, EUUNF - OTCQB, TGPN - FWB), reports that following an appeal from anti-uranium mining activists in Slovakia, the General Prosecutor of Slovakia has challenged the renewal of the exploration license on which the Kuriskova uranium deposit is located (the \"Kuriskova Licence\").  The Kuriskova License was renewed by the Geology Division of the Ministry of Environment (the \"Ministry\") until April 19, 2015.  The Ministry originally refused to consider the appeal but has now agreed to review its decision to renew the licence.\nThe issue being reviewed is whether the renewal was simply a renewal of the existing Kuriskova License, which can be done by the Ministry without public comment, or whether it was a modified or new license, in which case renewal would require input and approval from local municipalities and the Regional Government as stakeholders.\nThe renewed Kuriskova License is for the same area (31.75 square kilometres) and for the same commodities (uranium, molybdenum and copper) as the previous license.  As there were no modifications to the Kuriskova License when the renewal application was made, the Company believes there is no basis for the contention that its renewal represents a modification.\nThe Company is filing an appeal against this review.  During the appeal and review period, which can take up to 2 months, the Kuriskova Licence will remain valid.  In the event that the Ministry concludes that the license renewal does in fact represent a modified or new license, the Company can either agree to reinstate the renewal application, with involvement by local municipalities and the Regional Government, or can appeal the decision to the courts, a decision from which would likely take at least a year.  The Kuriskova License would remain valid during this period.\nDuring meetings with the City Council of Kosice (the city closest to the Kuriskova project) last April, the Minister of Environment was quoted as saying that there are no legal reasons to refuse renewal of an exploration license if all legal requirements have been met by the Compa...