Environmental authorisation granted to Atalaya Mining’s Proyecto Masa Valverde

Atalaya Mining has declared that its wholly-owned Proyecto Masa Valverde (PMV) has been granted the Unified Environmental Authorisation (or in Spanish, Autorización Ambiental Unificada (AAU)) by the Junta de Andalucía (JdA). The application process was initiated by the Firm in December 2021.&#13

The AAU is an built-in method that brings together the Environmental Effect Assessment and other authorisations and specifies requirements to stay clear of, avert and minimise a project’s impacts on the atmosphere and the cultural heritage of the location. The Organization will now file for the exploitation allow which, the moment granted, will enable for the enhancement of the job to start out.&#13

Background&#13

PMV consists of several volcanogenic massive sulphide (VMS) kind deposits and targets and is strategically situated close to 28 km south of Riotinto’s 15 Mtpa processing plant. Atalaya acquired a 100% interest in PMV in Oct 2020 and in April 2022, announced a new impartial Mineral Useful resource Estimate for the Masa Valverde and Majadales deposits.&#13

Development of PMV contemplates underground mining of the Masa Valverde and Majadales deposits, which would be accessed by developing a ramp. Mined content would then be transported by general public highway to the current Riotinto plant for processing. This advancement situation is steady with Atalaya’s tactic of acquiring Riotinto into a central processing hub for its property in the Riotinto District.&#13

Up coming Steps&#13

The Enterprise ideas to finish further more metallurgical screening and infill drilling in get to update the current Mineral Useful resource to larger self-confidence levels. In addition, the three core rigs at present energetic at PMV will aim on phase-out drilling at the Masa Valverde deposit, source definition drilling at the Campanario Craze and phase out drilling around the new discovery manufactured at the Mojarra Trend. First drill screening of a short while ago outlined coincident electro-magnetic and gravity anomalies is also planned. &#13

Alberto Lavandeira, CEO, commented: “This is a very pleasing end result and the 15-thirty day period turnaround from the submission of our proposal highlights that Andalucía is a globe-class mining jurisdiction. It is also testament to our aim on establishing sustainable functions which demonstrate regard to the purely natural natural environment and lead to the progress of the locations the place we run. With this vital milestone now accomplished, we system to total supplemental operate and continue our exploration marketing campaign to enhance the existing Mineral Source, which has yielded good effects to date. We appear forward to updating shareholders as this get the job done progresses. This optimistic selection has strengthened our self esteem that PMV could turn out to be an crucial satellite deposit in the Riotinto District by offering higher quality content to our present processing plant.”&#13

Read the report on the internet at: https://www.globalminingreview.com/mining/28032023/environmental-authorisation-granted-to-atalaya-minings-proyecto-masa-valverde/