Edenville Energy PLC Project Update (2283U)
July 28 2015 - 2:00AM
UK Regulatory
TIDMEDL
RNS Number : 2283U
Edenville Energy PLC
28 July 2015
28 July 2015
Edenville Energy plc
("Edenville" or the "Company")
Exploration Update and Detailed Water Monitoring Programme
Begins
Edenville Energy plc (AIM: EDL) is pleased to provide an update
on the status of the Rukwa Coal to Power Project near Sumbawanga,
in south western Tanzania.
Power Plant EIA Work Update
Following the award of the Environmental Impact Assessment (EIA)
for Edenville's proposed coal mining at Rukwa in 2014 and the
publication of a positive Power Plant Feasibility Study in March
2015, Edenville are pleased to report the commencement of field
activities which will underpin the Power Plant EIA, a key component
for development of the Rukwa Coal to Power Project.
The Company has commenced a water survey and sampling programme
to provide data for the Power Plant EIA, which will be submitted
once the definitive power plant design has been confirmed. This
EIA, which will cover power plant, transmission and emissions,
requires extensive water level monitoring and water samples to
provide baseline data for wet and dry seasons.
Under the supervision of Mark Pryor, COO, Edenville's trained
field team are working alongside the Company's environmental
consultants to implement and run the water monitoring programme to
internationally accepted standards. A dip meter will monitor the
water table at a series of selected drill holes covering the 8km
strike length of the Mkomolo deposit and a Portable Colorimetric
Laboratory for Environmental Water Quality has been purchased in
order to establish water quality variations through the
seasons.
This test work and data monitoring programme will continue over
the life of the project, for both the coal mining and power
generation operations, to ensure acceptable standards are
maintained.
Exploration Work Update
The geophysical survey that was commenced in June is ongoing.
Fill-in lines between the Mkomolo and Namwele deposits are now
complete with the grid extension moving northwards to cover the
western extension of the Mkomolo region. This data is currently
being interpreted by Edenville's geologists.
Corporate Social Responsibility (CSR) Update
Edenville continues to work closely with the local community to
fulfil its CSR responsibilities. School supplies are being
organised for delivery to local schools in the area, alongside work
to upgrade several school buildings.
Rufus Short, CEO of Edenville commented, "Edenville continues to
advance the Rukwa Coal to Power project and the commencement of
water monitoring and data gathering is another important step in
collating the information necessary for the Power Plant
Environmental Impact Assessment (EIA).
Discussions with Engineering, Procurement and Construction (EPC)
partners continue and it is important to note that these
negotiations are not dependent on the submission of the Power Plant
EIA.
A 12 month data set is required to build an accurate picture of
water levels to support the Power Plant EIA, so it important this
work is started as soon as possible. We were delighted to receive
our EIA for the Rukwa Coal Mine in 2014 and will work closely with
the same consultants to move through the Power Plant EIA
process.
We will continue to update our shareholders on developments
relating to the Rukwa Coal to Power Project as they occur."
Contact
Edenville Energy Plc +44 (0) 20 7652
Rufus Short - CEO 9788
Cantor Fitzgerald Europe
(Nominated Advisor and Corporate
Broker)
Stewart Dickson +44 (0) 20 7894
Jeremy Stephenson 7000
IFC Advisory
(Financial PR and IR)
Tim Metcalfe +44 (0) 20 3053
Graham Herring 8671
This information is provided by RNS
The company news service from the London Stock Exchange
END
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