Business
President of Ecuador Signs Pre-Legislative Consultation Decree: Confirming the Start of the Final Stage of El Domo ESIA Permitting
President of Ecuador Signs Pre-Legislative Consultation Decree: Confirming the Start of the Final...
About this update from Salazar Resources Limited
[{"type":"text","content":"\n \n \n \n President of Ecuador Signs Pre-Legislative Consultation Decree: Confirming the Start of the Final Stage of El Domo ESIA Permitting\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 Nov. 30, 2022\n \n \n /CNW/ -\n \n Adventus Mining Corporation\n \n (\"Adventus Mining\") (TSXV: ADZN) (OTCQX: ADVZF) and\n \n Salazar Resources Limited\n \n (\"Salazar\") (TSXV: SRL) (OTCQB: SRLZF) (collectively the \"Participants\") are pleased to announce that the President of\n \n Ecuador\n \n has signed the eagerly awaited pre-legislative consultation decree on\n \n November 28, 2022\n \n (\"\n \n Decree\n \n \"). This Decree will guide the formal comment process for the draft environmental consultation regulation (\"\n \n Regulation\n \n \") as part of the Environmental and Social Impact Assessment (\"\n \n ESIA\"\n \n ) approval process. For the El Domo copper-gold project (\"\n \n El Domo\n \n \"), this Decree builds on the technical ESIA approval granted by the Government of\n \n Ecuador\n \n in\n \n May 2022\n \n and the investment contract approved by the Government of\n \n Ecuador\n \n in\n \n November 2022\n \n (see\n \n May 31\n \n and\n \n November 10, 2022\n \n Adventus Mining news releases).\n \n \n \n \n \n \n \n \n \n Upon completion of the comment process for the Regulation, which is expected shortly, the President of\n \n Ecuador\n \n is expected to enact the Regulation through Presidential Decree. From there, the Participants expect two rounds of 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 the El Domo deposit within the Curipamba project concessions in 2008. Current guidance from the Government of\n \n Ecuador\n \n is that the Regulation comment period and subsequent final consultation process governed by the Regulation are expected to require seven to nine months to the signed and full approval of the El Do...