African Copper Plc: Receipt of Mining Licence for the Thakadu Copper-Silver Deposit

African Copper Plc (LON:ACU) announces receipt of a Mining Licence from the Botswana Government for its Thakadu copper-silver deposit some 80 km from the Company’s Mowana Mine in the north east of the country.

The press release is quoted as saying:

The Mining Licence has been granted on condition that the area declared as an archaeological site is restricted to underground mining processes so as to avoid disturbing the archaeological site contained within the approved mine lease area. All other areas not declared as archaeological sites or national monuments can be mined using open pit mining. It is anticipated that the current interim open pit cut design would allow for extraction of approximately 1.4 million tonnes of ore.

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