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President of Ecuador Signs Environmental Consultation Decree Clearing the Path for the Final Stage of Environmental Licensing for El Domo - Curipamba Project
President of Ecuador Signs Environmental Consultation Decree Clearing the Path for the Final Stag...
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[{"type":"text","content":"\n \n \n \n President of Ecuador Signs Environmental Consultation Decree Clearing the Path for the Final Stage of Environmental Licensing for El Domo - Curipamba Project\n \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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n June 1, 2023\n \n \n /CNW/ -\n \n Adventus Mining Corporation\n \n (\"Adventus\") (TSXV: ADZN) (OTCQX: ADVZF) and\n \n Salazar Resources Limited\n \n (\"Salazar\") (TSXV: SRL) (OTCQX: SRLZF) (collectively the \"Participants\") are pleased to announce that the President of\n \n Ecuador\n \n has signed the new environmental consultation regulation decree (the \"\n \n Decree\n \n \") in compliance with the Ecuadorian Constitutional Court decision. This Decree applies to activities in all sectors and enterprises in\n \n Ecuador\n \n requiring environmental licenses and will govern the formal consultation process required for all Environmental and Social Impact Assessments (\"\n \n ESIA\n \n \"). For the El Domo - Curipamba Project (\"\n \n El Domo\n \n \"), this Decree allows El Domo to move to the next step of the environmental licensing process, which follows the technical ESIA approval granted by the Government of\n \n Ecuador\n \n in\n \n May 2022\n \n (see\n \n May 31, 2022\n \n , Adventus news release).\n \n \n \n \n \n \n \n \n \n The Decree lays out the steps for the new environmental consultation process, including two rounds of formal community consultations led by the Government of\n \n Ecuador\n \n . These community consultations are expected to be similar to the many community consultations led by the Participants since the discovery of El Domo deposit in 2008. Current guidance from the Government of\n \n Ecuador\n \n is that the consultation process is expected to require four to six months to the signing and issuance of the environmental licence for El Domo construction. This suggests that full construction activities could therefore begin as early as in\n \n October 2023\n \n .\n \n \n During this period, the Participants expect to finalize four other necess...