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Phase 1 of the Imweru ESIA Completed Successfully
Phase 1 of the Imweru ESIA Completed Successfully.
About this update from Focus Xplore Plc
[{"type":"text","content":"\n \nRNS Number : 5661Q Katoro Gold PLC 13 September 2017 \n\nKatoro Gold plc (Incorporated in England and Wales)\n(Registration Number: 9306219)\nShare code on AIM: KAT\nISIN: GB00BSNBL022\n(\"Katoro\" or \"the Company\")\n \n \n \n13 September 2017\n \nSuccessful Completion of Phase 1 of the Imweru Environmental and Social Impact Assessment (\"ESIA\")\n \nKatoro Gold plc (\"Katoro\" or the \"Company\") (AIM: KAT), the Tanzania focused gold exploration and development company, is pleased to announce that the Tanzanian National Environmental Management Council (\"TNEMC\") has assessed the Company's Imweru Project Brief for the Imweru ESIA, being the Company's terms of reference for the execution of the Imweru environmental impact study, and has now issued a registration letter for the ESIA. Receipt of the registration letter confirms successful completion of Phase 1 of the ESIA and permission to continue with Phase 2, being the establishment of a detailed environmental baseline for the Imweru project, in preparation for final environmental certification during Phase 3 of the ESIA. Phase 2 has already commenced.\nLouis Coetzee, Executive Chairman of Katoro commented: \"We are extremely pleased with the sustained momentum and progress on the Imweru resource development programme. Completion of Phase 1 of the ESIA was one of the pre-requisite deliverables on the critical path for the timely submission of the Imweru Mining Right Application, which is scheduled for submission during October 2017.\"\nContacts\n\n\n\n\nLouis Coetzee\n\n\n+27 (0) 83 2606126\n\n\nKatoro Gold plc\n\n\nExecutive Chairman\n\n\n\n\nJon Belliss\n\n\n+44 (0) 20 7382 8300\n\n\nBeaufort Securities Limited\n\n\nBroker\n\n\n\n\nRichard Tulloch\nRitchie Balmer\nFrederick Twist\n\n\n+44 (0) 20 7409 3494\n\n\nStrand Hanson Limited\n\n\nNominated Adviser\n\n\n\n\n \n \nKatoro Gold - Notes to editors\n \nIn May 2017 Katoro acquired the Imweru and Lubando Gold Projects in Tanzania from Kibo Mining plc for a total consideration of £3.66 million and was admitted to trading on AIM.\n \nFollowing the acquisition, Katoro owns 100% of the Imweru and Lubando Projects, which both have Mineral Resources established in accordance with the JORC (2012) Code. The total Mineral Resources stated for Imweru con...