(Kitco News) -Yesterday, African Gold Group(TSX-V: AGG) announced that the Ministry of Environmental and SustainableDevelopment of the Republic of Mali has approved the Environmental and SocialImpact Assessment ("ESIA") for the Kobada gold project and issued an updatedEnvironmental Permit.
According to the company'sstatement, the ESIA marks a key milestone in the permitting process and is theculmination of extensive consultations and stakeholder engagement."The approval of the ESIA andissuance of the Environmental Permit is a major achievement for our company andbrings us to the final stages of the permitting process for Kobada," stated CEODanny Callow. "We would like to thank the government of Mali and its permittingbodies as well as our surrounding communities for the strong support they havedemonstrated for the project."
The company`s last milestoneat the Kobada gold project is the receipt of the environmental permit addendumfor the sulphide portion of the project.
The company added it iscontinuing to advance the project towards construction and receipt of theupdated environmental permit is one of the last crucial steps in that process.
African Gold Group is anexploration and development company with a focus on building Africa's nextmid-tier gold producer. The company's principal asset is the Kobada project insouthern Mali, which is in an advanced stage of development having completedthe 2021 DFS and is targeting gold production of 100,000 oz per annum with amine life of 16 years.
By Vladimir BasovFor Kitco News
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