Business
OceanaGold Receives Permits for the Martha Underground and Mine Life Extension at Waihi
OceanaGold Receives Permits for the Martha Underground and Mine Life Extension at Waihi ...
About this update from Oceanagold Corporation
[{"type":"text","content":"\n\n\n\nOceanaGold Receives Permits for the Martha Underground and Mine Life Extension at Waihi\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMELBOURNE, Feb. 5, 2019\n\n\n\n/NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES./\n MELBOURNE, Feb. 5, 2019 /CNW/ - OceanaGold Corporation (TSX: OGC | ASX: OGC) (the \"Company\") is pleased to announce that the statutory appeal period related to the Martha Underground Project (\"Martha Underground\" or the \"Project\") permitting process has concluded with no appeals filed. As a result, the Project has received its resource consents (permits) to commence operations.\nMick Wilkes, President and CEO said, \"Receipt of the permits at the Martha Underground represents a tremendous outcome that will benefit the Company, its shareholders, the town of Waihi and New Zealand. The Waihi operation has had a long, rich history of operating to the highest of environmental and social standards globally while contributing significant socio-economic benefits to Waihi and the country. We are excited to be granted the consents and for the opportunity to continue over 140 years of gold mining history at Waihi.\"\nThe Company has started preparing management plans and detailed mine designs to allow mining operations to begin, which will include stope and infrastructure development. The Company expects that at full underground mining rate at Martha, the Waihi operation production would return to more recent historic levels. \nDuring the ramp-up phase, the Company will continue to drill the Martha Underground targets utilising four diamond rigs from the two underground drill drives located beneath...