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Orca Gold Granted Water Permit for its Block 14 Gold Project in The Republic of The Sudan
Feb. 08, 2018 09:37AM PST
Gold InvestingOrca Gold (TSX VENTURE:ORG) (“Orca” or the “Company”) is pleased to report that it has received from the Government of The Republic of The Sudan an exclusive permit for the exploitation of water from the Area 5 aquifer (the “Water Permit”), first discovered by the Company in May 2017 (see Company News Release dated May 30, …
Orca Gold (TSX VENTURE:ORG) (“Orca” or the “Company”) is pleased to report that it has received from the Government of The Republic of The Sudan an exclusive permit for the exploitation of water from the Area 5 aquifer (the “Water Permit”), first discovered by the Company in May 2017 (see Company News Release dated May 30, 2017).
The Water Permit is a strategic permit in the development of a gold mine on Block 14. It entitles the Company to extract the necessary water to support a 6 Mtpa mining and processing operation, which is the basis of the Feasibility Study in progress.
Commenting on the receipt of the Water Permit, Rick Clark, CEO and Director of Orca said:
“A determining factor in developing a mine in the desert, in addition to finding an ore body, is water. With the granting of this exclusive water rights over the Area 5 aquifer, the Government of Sudan has confirmed its full support of Orca and the development of a commercial gold operation at Block 14.”