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    Excalibur Resources Ltd.: Minera Catanava Project Receives SEMARNAT Permit Approval

    Investing News Network
    Nov. 25, 2011 07:42AM PST
    Silver Investing

    Excalibur Resources Ltd. (CNSX:XBR) reported that its 49% subsidiary, Minera Catanava S.A. de C.V. has received all the necessary permits required to build the plant and to go into production.

    Excalibur Resources Ltd. (CNSX:XBR) reported that its 49% subsidiary, Minera Catanava S.A. de C.V. has received all the necessary permits required to build the plant and to go into production.

    As quoted in the press release:

    he EIS application to the SEMARNAT in Zacatecas was submitted in June, was reviewed in July, followed by a site inspection in August, which lead to a request for a number of items, including a soil analysis report on the tailings area and the completion of the water permit from the National Water Commission (CNA).

    Excalibur Chairman, Tim Gallagher, said:

    “We are extremely pleased to have achieved this major milestone. Receiving the SEMARNAT approval is the official Mexican government green light that allows Minera Catanava to proceed to the start up stage of development. This has been a tremendous amount of work and we congratulate the team in Mexico. We also expect the explosive permit shortly, but given the amount of material already on surface in the San Gil area, it is not required to start production.”

    Click here to read the Excalibur Resources Ltd. (CNSX:XBR) press release


    Click here to see the Excalibur Resources Ltd. (CNSX:XBR) profile.

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