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Investegate |Capital Metals PLC Announcements | Capital Metals PLC: Progress on the ground and development update


and environmentally responsible mining
 
Capital Metals plc (AIM: CMET), a natural resources company focused on the development of the Eastern Minerals Project in Sri Lanka ( the Project ), one of the highest-grade mineral sands projects globally, is pleased to provide a further progress update on activities on the ground in Sri Lanka.
Our Sri Lanka management team has held several meetings with the relevant government authorities and report that good progress is being made with the environmental process, and the Company is expecting further news on this in the coming weeks.
In addition, CMET is pleased to provide the following background information on the Project s potential to open new economic opportunities in eastern Sri Lanka, and the Company s work with local communities and commitment to ecologically sensitive production procedures that ensure all mining areas are fully rehabilitated. ....

Brandon Hill , Eastern Province , Sri Lanka , Sri Lankan , Michael Frayne , Jonathan Evans Oliver Stansfield , Neil Baldwin James Keeshan , Harry Ansell Katy Mitchell , Women Rural Development Society , Brandon Hill Capital Limited Joint Broker , Wh Ireland Limited Joint Broker , Eastern Minerals , Eastern Minerals Project , Oluvil Port , Rural Development , Total Heavy Minerals , Nominated Adviser , Joint Broker , Hill Capital Limited , Total Heavy , பிராண்டன் மலை , கிழக்கு மாகாணம் , ஸ்ரீ லங்கா , ஸ்ரீ லங்கன் , மைக்கேல் ப்ராய்னே , ஜொனாதன் எவன்ஸ் ஆலிவர் ஸ்டான்ஸ்ஃபீல்ட் ,

IN BRIEF: Capital Metals may upgrade Sri Lanka site resource estimate


IN BRIEF: Capital Metals may upgrade Sri Lanka site resource estimate
Mon, 26th Apr 2021 11:31
Capital Metals PLC - mineral sands developer focused on Sri Lanka - Sees compelling opportunities to significantly upgrade the resource estimate for the Eastern Minerals Project, which is already sufficient to develop a mine. Project has an estimated average grade of 18% total heavy minerals, making it one of the highest-grade mineral sands deposits in the world. Current estimate based on shallow drilling, deep drilling so far suggests up to 27% total heavy minerals. Initial exploration suggests there is potential for significant mineralisation in wider area of the project. High grade will reduce capital expenditure as it means less material needs to be mined and processed. ....

Sri Lanka , Ivan Edwards , Alliance News , Capital Metals , Eastern Minerals , Eastern Minerals Project , All Rights , ஸ்ரீ லங்கா , இவன் எட்வர்ட்ஸ் , கூட்டணி செய்தி , மூலதனம் உலோகங்கள் , கிழக்கு தாதுக்கள் , கிழக்கு தாதுக்கள் ப்ராஜெக்ட் , அனைத்தும் உரிமைகள் ,