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Alamos Gold’s EIA for Kirazli Nears End of Approval Process

Investing News Network
Apr. 01, 2013 04:51PM PST
Gold Investing

Alamos Gold Inc. (TSX:AGI, NYSE:AGI) announced that the EIA report for its Kirazli Project has moved into the final stage of the approval process.

Alamos Gold Inc. (TSX:AGI, NYSE:AGI) announced that the EIA report for its Kirazli Project has moved into the final stage of the approval process.

As quoted in the press release:

The Ministry of the Environment, which is the government agency responsible for EIA approval, appointed representatives of government agencies and local authorities to a 17-person EIA Commission that reviewed the Kirazli EIA submission. In late January 2013, a meeting was held by the EIA Commission, which concluded in its minutes: “The [Kirazli] project has been reviewed and evaluated by the Commission and the review and evaluation process has been finalized. The EIA Report has been found sufficient by the Commission and it has been accepted as final.

Alamos’ President and CEO, John McCluskey, said:

We met every aspect of the EIA requirements for Kirazli and anticipated final approval by the end of the first quarter. While certain signatures remain outstanding, by all indications the technical and other substantive aspects of our EIA have been approved, and therefore we fully expect to receive formal approval in due course.

To view the whole press release, click here. 

nyse:agi tsx:agi alamos gold
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