Katoro Gold (KAT)


Katoro Gold completes Phase I of Imweru ESIA

Katoro Gold announced that the Tanzanian National Environmental Management Council (TNEMC) has assessed the company's Imweru Project Brief for the Imweru ESIA, being the Company's terms of reference for the execution of the Imweru environmental impact study, and has now issued a registration letter for the ESIA.

Receipt of the registration letter confirms successful completion of Phase 1 of the ESIA and permission to continue with Phase 2, being the establishment of a detailed environmental baseline for the Imweru project, in preparation for final environmental certification during Phase 3 of the ESIA.

Phase 2 has already commenced.

Executive Chairman Louis Coetzee commented: "We are extremely pleased with the sustained momentum and progress on the Imweru resource development programme.

"Completion of Phase 1 of the ESIA was one of the pre-requisite deliverables on the critical path for the timely submission of the Imweru Mining Right Application, which is scheduled for submission during October 2017."