BZT.L

Bezant Resources Plc
Bezant Resources PLC - Hope & Gorob Copper-Gold Project Permitting Update
28th August 2024, 06:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 8822B
Bezant Resources PLC
28 August 2024
 

A logo for a company Description automatically generated

28 August 2024

 

Bezant Resources PLC

("Bezant" or the "Company")

 

 

Permitting Update for Licence 7170, Hope & Gorob Copper - Gold Project, Namibia

 

Bezant Resources Plc ("Bezant" or the "Company") is pleased to confirm the issue of an Environmental Clearance Certificate ("ECC") for Licence EPL7170 valid until 12 August 2027. The licence was previously renewed for a further period of two years from the previous expiry to 22nd October 2025 subject to the granting of the ECC. With the granting of the certificate the way is clear for the Company to continue with exploration on this important extension to the pending Hope & Gorob Mining Licence and EPL 5796 exploration licence for which renewal is also in process. 

 

Licence EPL7170 offers approximately 30km of prospective Matchless Belt geology that has to date delivered 15Mt of JORC (2012) compliant Mineral Resources within the pending Hope & Gorob Mining Licence.

 

The Company will provide information on future exploration results on EPL7170 as work progresses to increase the Hope & Gorob global copper - gold resource.

 

 

Commenting on progress, Colin Bird Chairman said:

 

 "We are pleased to be awarded renewal of this exploration licence situated just NE of the main Hope and Gorob licence, with comparable geology within the Matchless Copperbelt. We have previously undertaken airborne geophysics over the licence and identified potentially significant anomalies for follow-up.

 

The licence forms part of an almost contiguous belt of prospective ground with Hope and Gorob and could host either extensions to that mineralisation or a separate resource to support a larger mining operation in the future".

 

 

For further information, please contact:

Bezant Resources Plc 

Colin Bird Executive Chairman

 

+44 (0) 20 3416 3695

Beaumont Cornish (Nominated Adviser) 
Roland Cornish / Asia Szusciak


+44 (0) 20 7628 3396

Novum Securities Limited (Joint Broker)

Jon Belliss

 

+44 (0) 20 7399 9400

Shard Capital Partners LLP (Joint Broker)

Damon Heath

 

+44 (0) 20 7186 9952

 

or visit http://www.bezantresources.com

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law pursuant to the Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310).

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDPRMFTMTJTBMI]]>
TwitterFacebookLinkedIn