May 21 2013
Amara Mining plc, the dual AIM and TSX-listed West African focused gold mining company, is pleased to announce that it has been granted the Environmental Permit for its Sega Gold Project ("Sega") in Burkina Faso, 20km to the north of its Kalsaka Gold Mine ("Kalsaka").
This is a major achievement in the integration of Kalsaka and Sega, which is expected to ensure that Amara continues production in Burkina Faso until at least 2015 based on Sega's current Mineral Resources, as demonstrated in the Preliminary Economic Assessment.
Local leaders were intimately involved in the formulation of Amara's Resettlement Action Plan ("RAP"), which has been accepted by the Burkina Faso Government. The first phase of the RAP is expected to be implemented shortly and the Company foresees no difficulties in this step.
As announced on 30 April 2013, Amara received the environmental and construction permits for the haul road to connect Kalsaka and Sega in advance of the full Environmental Permit. A contractor has been appointed to build the road and construction work has now begun on the Sega licence area. The new jaw crusher has been installed at Kalsaka and the additional crushing circuit, which will be installed at Sega, has arrived at Kalsaka. Amara is going to apply to the Government for permission to begin the installation of the crushing circuit at Sega in advance of a decision regarding the award of the Mining Licence in order to expedite the process of bringing Sega into production.
Following the receipt of the Environmental Permit, Amara will now apply for the Mining Licence, which is anticipated to be granted approximately six weeks after the Environmental Permit. The mobile mining fleet at Kalsaka will then be moved to Sega and it is expected that this will enable mining to commence at Sega during Q3 2013.
Click on, or paste the following link into your web browser, to view the associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/1600F_1-2013-5-20.pdf
Source: http://www.amaramining.com