PUBLIC CONSULTATION UNDERWAY FOR ROMANIAN EIS (6029C)
March 09 2011 - 4:01AM
UK Regulatory
TIDMEGU
RNS Number : 6029C
European Goldfields Ltd
09 March 2011
Suite 200, Financial Plaza
204 Lambert Street
Whitehorse, Yukon
Canada Y1A 3T2
For Immediate Release
PUBLIC CONSULTATION UNDERWAY FOR ROMANIAN EIS
9 March 2011 - European Goldfields Limited (AIM: EGU / TSX: EGU)
(the "Company" is pleased to announce that it has reached the final
stage of the environmental permitting of its Certej Project in
Romania (the "Project"), with the initiation of the final public
consultation process.
This will be held during the month of April and will be
conducted in accordance with EU Directives and Conventions and
Romanian Law. Upon the satisfactory conclusion of this final public
consultation process, the environmental authorities will re-convene
the Technical Analysis Committee ("TAC") to confirm the decision
regarding the issuance of the environmental permit.
The final public consultation follows confirmation from the
Romanian Authorities that the Environmental Impact Statement
("EIS") complies with all Romanian legislation, both from a
technical and legal perspective, and notably the recent approval
from CONSIB (the National Committee for Large Embankments), a
specialist committee constituted under the Ministry of Environment,
for the design of the Tailings Management Facilities for the Certej
project.
About European Goldfields
European Goldfields is a developer-producer with globally
significant gold reserves located within the European Union. The
Company generates cash flow from its 95% owned Stratoni operation,
a high grade lead/zinc/silver mine in North-Eastern Greece.
European Goldfields will evolve into a mid-tier producer through
responsible development of its project pipeline of gold and base
metal deposits at Skouries and Olympias in Greece and Certej in
Romania. The Company plans future growth through development of its
highly prospective exploration portfolio in Greece, Romania and
Turkey.
For further information please contact:
European Goldfields Liberum Capital Limited
Steve Sharpe, SVP Business Development Simon Atkinson
e-mail: info@egoldfields.com Tom Fyson
Tel: +44 (0)20 7408 9534 Tel: +44 (0)20 3100 2000
Brunswick Evolution Securities Limited
Carole Cable / Fiona Micallef-Eynaud Rob Collins
e-mail: egoldfields@brunswickgroup.com Tim Redfern
Tel: +44 (0)20 7404 5959 Tel: +44 (0)20 7071 4300
This information is provided by RNS
The company news service from the London Stock Exchange
END
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