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C$ 0.65
PERMITS AND REPORTS APPROVED:
| Stage | Completed |
|---|---|
| Chinese Exploration report approved by MOLAR (Ministry of Lands and Resources) |  |
| Chinese Preliminary Feasibility Study completed by Changsha Non-Ferrous Mine Design Institute and approved by an expert panel | |
| Project approved by the Gaoming County Government | |
| Mining Area Permit approx. 0.79 kmē, defines mining limits of the Fuwan Silver Deposit, and restricts the use of this land to mining activities | |
| The Soil and Water Conservation Plan was completed and approved | |
| The Land Usage Permit approved by Gaoming Country, Foshan City and Guangdong provincial governments. |
|
| The Geological Hazard Assessment completed and approved |
|
| Mine Geological Environment Treatment Plan reviewed and approved by the Environment Committee of China Geology Association |
|
E.I.A.
(Environmental Impact Assessment)
| Date | Note | Completed |
|---|---|---|
|
2010 |
MSV engaged GNDI ("The Guangdong Nuclear Design Institute") to complete Chinese Regulatory EIA report. Upon completion, a technical panel appointed by the Department of Environmental Protection Administration of Guangdong Province reviewed and in principle approved the regulatory EIA report, with certain comments, which MSV addressed, submitting a revised report for review and approval in December of 2010. |
|
| June 2011 |
E.P.A. of China institutes new water regulations. MSV engages GSGEM ("The General Station for Geo-Environmental Monitoring") to complete water monitoring study required to be completed by all applicants submitting an application for EIA approval |
|
| January 2012 | GSGEM completes required field work studies. | |
| April 2012 |
MSV receives completed water regulation study report from GSGEM. Reports conclude MSV compliant with new National Water Guidelines. |
|
| Current | MSV completes revision of the EIA report. | |
| Pending | MSV prepares to submit EIA to the Chinese EPA authority for approval | |
| Pending |
Preliminary mine design near completion. Completion will be upon receipt of approved EIA report (to include any requirements from approved report) |
All other disclosure of a scientific or technical nature on this website was reviewed and approved by Thomas Wayne Spilsbury, an independent director of the Company, a Member of the Australian Institute of Geoscientists and a Fellow of the Australasian Institute of Mining and Metallurgy CP (Geo) and a "qualified person", as defined in NI 43-101
For additional information regarding Permitting, or the Environmental Impact Assessment (EIA) application please see the December 31, 2012 MDA or click here