PriceSensitive

Southern Empire Resources (TSXV:SMP) advances permitting at the Oro Cruz Project

Mining, Socials, The Watchlist
TSXV:SMP
02 December 2022 14:20 (EDT)

This browser does not support the video element.

Southern Empire Resources (SMP) has advanced permitting at the Oro Cruz Project in California.

The U.S. Army’s Corps of Engineers issued an Approved Jurisdictional Determination for the project. This was conducted to identify how much authority the Corps of Engineers would have over the project site. The determination is valid for five years.

At a recent Imperial County Environmental Evaluation Committee public hearing, proposed project exploration work was approved under a Mitigated Negative Declaration under California’s Surface Mining and Reclamation Act and the California Environmental Quality Act. This is assigned to a project when potentially significant effects on the environment are found, but proposed mitigation would reduce impacts on the environment.

The U.S. Department of the Interior’s Bureau of Land Management is seeking input concerning Southern Empire’s proposed surface exploration plans that proposes specific surface mineral exploration activities, disturbing up to 83,000 square metres within a 2,530,000 square metre portion of the Oro Cruz property.

CEO Dale Wallster sat down with Daniella Atkinson to discuss the news.

Southern Empire Resources is a Canadian company focused on the acquisition, exploration and development of metals and minerals deposits in North America. The Oro Cruz Project is located in Imperial County, California.

Southern Empire Resources (SMP) is down by 18.18 per cent trading at $0.045 as of 12:26 pm ET.


Related News