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New Millennium Capital Corp. Announces Environmental Approval and Project Release
Mar. 24, 2011 07:39AM PST
Base Metals Investing New Millennium Capital Corp. (CVE:NML) reports it has received project release from the Government of Newfoundland and Labrador for the Joan Lake area of the direct shipping ore project.
New Millennium Capital Corp. (TSXV:NML) reports it has received project release from the Government of Newfoundland and Labrador for the Joan Lake area of the direct shipping ore project.
The press release is quoted as saying,
“This is a significant step that will enable us to develop the DSO Project according to our plan,” said Robert Martin, NML’s Chief Executive Officer and President. “More than 75% of the total resources are located in the Phase 2 deposits, so the project release is important as it will allow a timely transition of our operation to the Phase 2 mining area.”
For the complete press release, click here.