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Eco Oro receives study indicating Angostura deposit not in paramo
VANCOUVER, May 7, 2013 /CNW/ - Eco Oro Minerals Corp. ("Eco Oro" or the "Company") (TSX: E...
About this update from Eco Oro Minerals Corp.
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, May 7, 2013 /CNW/ - Eco Oro Minerals Corp. (\"Eco Oro\" or the \"Company\") (TSX: EOM) reports that results from an ecosystem biodiversity study conducted by\n Ecodes Ingenieria Ltda. (\"Ecodes\") show that paramo does not exist in\n the area of the Angostura deposit. The purpose of the report, which\n covers an area of 600 hectares surrounding the Angostura deposit, was\n to have a thorough understanding of the state of ecosystem conservation\n in the Company's area of influence.\n\n\nEcodes, a well-renowned Colombian company specializing in the\n formulation and execution of environmental projects, was commissioned\n by Eco Oro in early 2012 to carry out this study. The Ecodes team of\n professionals was comprised of highly qualified specialists recognized\n nationally and internationally in the areas of biology, ecology of\n ecosystems, ecological restoration, hydrology, climatology, GES\n informatics, edaphology, ecological modeling, and social and economic\n sciences.\n\n\nThe study was conducted to a degree of detail not previously undertaken\n in Colombia.  Approximately 60 multidisciplinary professionals made\n several visits to the Angostura property and used cutting edge models\n and technology to obtain a detailed appreciation for the conservation\n status of the biodiversity of ecosystems in the area under examination.\n Rigorous analysis was undertaken of soils, fauna and flora,\n hydrological systems, and socio-economic realities and perceptions\n relating to the local communities of Soto Norte. By law the National\n Development Plan prescribes that studies with a view to delineate\n paramos should be undertaken on a scale of 1:25,000. The Ecodes study\n reflects a more detailed scale of 1:2,000. The study also contemplated\n alterations to vegetation in the area over the last five decades.\n\n\nThe study and its conclusions have been discussed with the relevant\n authorities, including the Ministry of Mines and Energy and the\n Ministry of Environment and Sustainable Development, who have been\n asked to take the Ecodes study into account when concluding the paramo\n delineation.\n\n\n\"The Company believes that the Ecodes study provides the authorities\n with a robust analysis of the state of conservation of biodiversity and\n expects that these findings will assist them in delineating...