Business
Formal Stakeholder Engagement Process Initiated
Formal Stakeholder Engagement Process Initiated.
About this update from Europa Metals Limited
[{"type":"text","content":"\n \nRNS Number : 4787I Europa Metals Ltd 09 August 2019 \n\n \n9 August 2019\n \nEuropa Metals Ltd\n(\"Europa Metals\", the \"Company\" or the \"Group\") (AIM, AltX: EUZ) \nFormal Stakeholder Engagement Process Initiated, Toral Zn, Pb & Ag Project, Spain\nEuropa Metals, the European focused lead, zinc and silver developer, is pleased to announce that it has submitted an initial document (the \"ID\") for formal review by all key administration stakeholders, including the department of the environment, Castilla y León region, Northwest Spain, and private stakeholders consulted by such administration, in connection with the process for obtaining an exploitation license for its 100% owned Toral lead-zinc-silver project (\"Toral\" or the \"Toral Project\").\nThe ID contains a conceptual plan for the Toral Project based on the findings of the Scoping Study, announced by the Company on 10 December 2018, and is available to interested parties and the administration for a period of 30 days, during which time Europa Metals will hold a series of local engagement activities with the principal stakeholders. Such engagement will enable the evaluation, in particular, of the technical infrastructure aspects of the project's future development and seek to secure greater social support.\nFeedback from the requisite review period will then be utilised to structure the environmental parameters for a full exploitation license for Toral and, consequently, enable a first impression by the Junta de Castilla y León on the appropriateness of the Toral Project being developed into a future mining operation. \nEuropa Metals strongly believes that such stakeholder engagement is essential for the progression of the Toral Project into a potential sustainable mine and looks forward to meeting with interested parties. Submission of the ID and the aforementioned consultation is part of a formal process set out in regional law that will ultimately lead to a final decision by the regional government in respect of the granting of a full exploitation license for the potential development of a future mine. Feedback from the process will inform the final project design as well as establishing the parameters of the Environmental Impact Assessment. A collaborative development approach should ultimately assist in efficiently progressing a...