Corex Granted Mining Permit for Santana Project

Gold Investing

Corex Gold Corp (TSXV: CGE), has been granted a pilot production permit for its Santana Project in Sonora, Mexico. As quoted in the press release: The United States of Mexico’s Secretary of the Environment and Natural Resources (SEMARNAT) granted Corex’s 100% owned Mexican subsidiary, Corex Global S. de RL de C.V., a mining permit for …

Corex Gold Corp (TSXV: CGE), has been granted a pilot production permit for its Santana Project in Sonora, Mexico.
As quoted in the press release:

The United States of Mexico’s Secretary of the Environment and Natural Resources (SEMARNAT) granted Corex’s 100% owned Mexican subsidiary, Corex Global S. de RL de C.V., a mining permit for an open-pit, heap leach gold operation and pilot plant. This permit allows sufficient material to be mined for testing, optimizing and proving operating methods and costs. In addition, it will provide for the continuity of operations while the planning and permitting for full-scale production is being completed. Corex has acquired all land, mineral and water rights for such an operation. Corex is also anticipating receipt of the Change of Land Use from Federal Attorney of Environmental Protection Agency (PROFEPA) which is the final step in the permitting process.

Craig Schneider, Corex’s president and CEO made the following statement:

With this permit in place, and a seasoned operator in H Morgan & Co. (see NR dated June 23, 2014), we now have the ability to rapidly advance the Santana project into production.

Click here to view the full press release.

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