Bezant completes key component of Environmental Impact Assessment study at Mankayan
Bezant is moving forward with the sizeable Mankayan project
Bezant Resources PLC (LON:BZT) has completed a key component of the Environmental Impact Assessment baseline study required for the successful future completion of a pre-feasibility study at the Mankayan copper-gold project in the Philippines.
A total of 12 sampling stations comprised of nine surface water and three groundwater-sampling stations were established for the baseline study.
All baseline conditions for dry season water measurement have now been collected and processed within the independent July 2019 report.
Alongside further environmental studies required for the EIA in due course, the baseline study will allow informed development decisions to be made, working closely with local stakeholders and in full compliance with the laws and regulations of the Philippines. The findings of the report will be communicated to local stakeholders through community engagement.
"Ensuring the correct environmental baseline studies are in place for a major copper-gold development project, especially in respect to water, is essential,” said Bezant chief executive Laurence Read.
“The results of this independent study will be communicated to local and governmental stakeholders and form a key part of the pre-feasibility study programme to ensure that informed, sustainable decisions are made in the future potential construction, consultation and planning stages of Mankayan. Operating within an existing mining area our intention is to support the potential future development of an underground, modern mining operation where ongoing environmental monitoring is in place at all stages in the project's lifespan."