Celsius Resources Ltd has achieved a significant milestone with the extension of its exploration permit for the Sagay Copper Project located in Negros, Philippines. This development is a critical step forward for the company, as it facilitates the potential approval of the Declaration of Mining Project Feasibility (DMPF), currently under review by the Philippine Mines and Geosciences Bureau. The approval of the DMPF is essential for Celsius Resources to proceed with its mining operations and to establish future mineral agreements with the Philippine Government.
Peter Hume, CEO of Celsius Resources, highlighted the importance of the DMPF approval for the company's operational plans. In addition to the DMPF, Hume discussed the ongoing Environmental Impact Assessment (EIA) for the Sagay Project. The EIA is a crucial component in securing the Environmental Compliance Certificate (ECC), underscoring the company's commitment to environmental stewardship and sustainable mining practices. The comprehensive approach to environmental assessment and compliance reflects Celsius Resources' dedication to minimizing the ecological impact of its mining activities.
Moreover, Hume elaborated on the company's strategy for the Maalinao-Caigutan-Biyog (MCB) Project, emphasizing a responsible and sustainable development framework. This strategy includes navigating the complex regulatory and environmental challenges associated with mining projects, ensuring that the Sagay Project is developed in a manner that prioritizes safety, sustainability, and environmental protection. The company's proactive stance on environmental sustainability and responsible mining practices sets a precedent for the industry, demonstrating that economic development and environmental conservation can go hand in hand.
For more information on Celsius Resources Ltd and its projects, visit https://www.celsiusresources.com. The progress of the Sagay Copper Project and the company's commitment to sustainable development highlight the potential for responsible mining to contribute positively to local economies and communities, while adhering to strict environmental standards.
