| Announcement Date: | 2022-04-11 |
|---|---|
| Announcement Type: | EIA/ESIA |
| Announcement Code: | NI43-101 |
| Company name: | Josemaria Resources Inc. |
| Project name: | Josemaria |
| Location: | Argentina |
| Commodities: | Gold,Silver,Copper |
| Highlight: | Approved ESIA |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | April 11, 2022: Josemaria Resources Inc. (TSX: JOSE) (OMX: JOSE) (OTCQB: JOSMF) (“Josemaria” or the “Company”), 100% owner of the Josemaria Copper-Gold-Silver Project (“the Project”) with proven and probable mineral reserves of 6.7 billion pounds copper, 7 million ounces of gold, and 30.7 million ounces of silver, is pleased to announce that the Mining Authority of San Juan, Argentina has approved the Environmental Social Impact Assessment (“ESIA”) for the Josemaria Project. The approval marks a significant milestone in the permitting process for Josemaria and solidifies the Project’s staged development timeline. Adam Lundin, President and CEO comments “Josemaria and the broader Lundin Group companies have always strived to be long-term leaders in responsible exploration, development and operation of natural resource projects. We began environmental and social baseline studies at Josemaria in 2013, and we are very pleased to receive ESIA approval for the Project from the Mining Authority of San Juan. The approval recognizes our commitment to setting a leading example for resource projects in Argentina, and it moves us closer toward the construction stage of the Project. |
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