NetworkNewsBreaks – Reunion Gold Corporation (TS
Post# of 48
Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has announce that the Environmental Protection Agency (“EPA”) of the government of Guyana has finalized and approved the Terms of Scope (“ToS”) for the Environmental and Social Impact Assessment (“ESIA”) on the Oko West Project in Guyana’s Region 7. According to the announcement, the company applied for the environmental permit in 2023, then worked with the EPA to identify the ToS for the ESIA. That process included meetings with both government agencies and local communities to identify essential elements, which had to be approved before the company could move forward with the ESIA; Reunion Gold expects to submit the ESIA in Q4 2024. The company noted that it has finished most of the environmental and social baseline studies that are required for the ESIA, including fieldwork for the second phase of baseline studies. The company anticipates completing the preliminary economic assessment (“PEA”), then advancing work on both the feasibility study and the environmental permits. “We are very pleased that the EPA has approved the Terms of Scope for the ESIA on Oko West, as this represents a significant milestone in the advancement of the permitting process for the project,” said Reunion Gold president and CEO Rock Howes in the press release. “The company remains on track with its accelerated development timeline for Oko West, which includes the completion of a preliminary economic assessment by the end of Q2 2024.”
NOTE TO INVESTORS: The latest news and updates relating to RGDFF are available in the company’s newsroom at https://nnw.fm/RGDFF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer