04 July 2013 - Ormonde Mining plc (“Ormonde” or “the Company”) - The Board of Ormonde notes recent articles in the Spanish media providing comment in relation to advances in the permitting of its Barruecopardo Tungsten Project.
The se articles include favourable commentary on a draft Environmental Impact Declaration (“EID”) prepared by the Provincial Authorities following an internal review of the Company’s Environmental Impact Assessment (“EIA”) for the Barruecopardo Project by the Provincial environmental technical and executive committees.
Ormonde has received no formal notification from the Provincial Authorities of the content of this EID, and will not receive any such formal notification. The Company is, however, aware that the draft EID is in the process of being forwarded from the Provincial Authorities to the Regional Government for their review and consideration. Ormonde is pleased with this advance in the permitting process.
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About Ormonde
Ormonde Mining Plc is admitted to trading on the AIM market in London and the ESM market in Dublin. Ormonde is a mineral development and exploration company focused on Spain (Ticker: ORM). Ormonde’s key activities include:
Barruecopardo Tungsten - Ormonde is developing a low cost mining operation at Barruecopardo to become a major, secure European supply of tungsten.
Gold Exploration in several highly prospective areas of western Spain which includes its joint venture agreement with Aurum Mining plc (AIM: AUR), where Ormonde currently has a 40% interest in the Pino de Oro project in the Zamora Province and a 46% interest in the Peralonso and Cabeza projects in Salamanca Province of western Spain. Ormonde is Manager of the Joint Venture.
La Zarza Copper – polymetallic massive sulphide deposit in the prolific Iberian Pyrite Belt of southern Spain.
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