Celsius Resources updates on MCB road access and mining permit
October 19, 2023 at 09:11 pm
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Celsius Resources Ltd (ASX:CLA, AIM:CLA) MD Peter Hume tells Proactive the company, through its Philippine subsidiary, has inked a Memorandum of Agreement with the Local Government Unit of the Province of Kalinga to develop an essential access road. Through this collaborative effort a vital access road will be constructed. The 84.5-kilometre Lubuagan-Batong Buhay-Abra Road will traverse the MCB Project area. This road project aligns with the MCB Project's infrastructure requirements, facilitating efficient transportation of materials during its construction, development and operational phases.
Celsius executive chairman Atty Julito R Sarmiento expressed gratitude for the partnership with the local government, saying: “In the development of the MCB Project, we have always consulted and partnered with the local government to align our plans and programs for the efficient use of resources to achieve a common goal.
“We are grateful that the provincial government, through the leadership of governor James Edduba, is receptive in collaborating with us to pave the way for the MCB Project’s infrastructure needs, as well as those of the local communities.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Celsius Resources Limited specializes in mineral exploration and extraction. Products include cobalt, copper, zinc and nickel.
At the end of June 2020, the group had 4 mines located in Australia (3; Abednegno Hill, Carnilya Hill and Hann River) and Namibia (Opuwo Cobalt).