sur Norrland Gold Corp. (isin : CA65651T1012)
Norrland Gold Corp. Advances Exploration at Vittanträsket Following Swedish Regulatory Reforms
Norrland Gold Corporation (TSX-V:NORR, Frankfurt Exchange:8VC) has announced favorable amendments in the Swedish regulatory framework, allowing it to proceed with its exploratory drilling campaign at Vittanträsket. Key regulatory changes include the abolition of municipal water and environmental permits required before drilling, and the removal of the permit needed for motorized terrain transport.
Recent political and public support for mining has strengthened, highlighted by the EU's Critical Raw Materials Act prioritizing national mining projects. Additionally, Environmental Impact Assessments for “Natura 2000” areas are now only required at the mining stage, accelerating the approval process for Norrland's current project.
Norrland has received the necessary environmental permits and stakeholder consent swiftly, paving the way for shallow sub-surface drilling to investigate geological anomalies under glacial moraine cover. This program is set to commence by the end of August 2024, with results expected by the third quarter of the year.
R. H.
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