Mount Peake Vanadium-Titanium Project – Development Activities Update

Australian strategic metals company TNG (ASX: TNG) (TNG) is pleased to provide an update on predevelopment activities at its flagship 100%-owned Mount Peake Vanadium-Titanium-Iron Project, located 235km north-west of Alice Springs in the Northern Territory.

Environmental Impact Statement The Northern Territory Environment Protection Authority (NTEPA) has provided detailed feedback relating to the Supplement to the Environmental Impact Statement (EIS) for the Mount Peake Mine site submitted by TNG’s environmental consultant and contractor GHD.
TNG has worked closely with the NTEPA to agree a scope of the required work to finalise the EIS submission. Some fieldwork is scheduled to commence shortly with other activities already in progress.

Despite this delay, it is important to note that no major issues with the EIS have been identified by the NTEPA to date and no foreseen impediments to the development of the Mount Peake Mine Site Project are expected. An approved EIS is expected by the end of 2017.
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