Title : "On a more exciting note": AM Resources (AMR.v) gets its entry in for the "Mining NR of the Year" award
link : "On a more exciting note": AM Resources (AMR.v) gets its entry in for the "Mining NR of the Year" award
"On a more exciting note": AM Resources (AMR.v) gets its entry in for the "Mining NR of the Year" award
It's not just the way it was filed late night Friday. It's not just the light and carefree "Oh btw, the authorities have closed us down" message. It's the way the segue into the "La Esperanza Progress" section that makes this one so special. Link here, whole thing below.
MONTREAL, Sept. 13, 2019 (GLOBE NEWSWIRE) -- AM Resources Corporation (“AM” or the “Corporation”) (TSXV: AMR) (Frankfurt: 76A) informs that following a routine site visit to the Corporation’s DJU-071 coal concession contract area (the “Mina Luz Property”) by the Colombian National Mining Agency (“ANM”), the mining activities have been provisionally suspended for allegedly being outside the granted area.
The Corporation’s Colombian subsidiary AM Resources SAS, is actively working with local counsel to undertake the necessary legal action in order to clarify this situation and request the lifting of the suspension, before the ANM, which unfortunately can take up to sixty business days to respond.
AM wishes to clarify that the decision to suspend mining work is a provisional measure, while the Corporation and the ANM clarifies the area of the coordinates granted. AM is fully committed to work diligently, with Colombian regulatory authorities to resolve this situation in a timely manner.
La Esperanza Progress
On a more exciting note the Corporation recently received the TSXV final approval of the acquisition of its La Esperanza asphaltite project located Norte de Santander, in Colombia, and is really pleased with the progress of its exploration program. AM intends to divert a portion of it available resources from the Mina Luz Property while it works toward resolving the title issue.
UCS Update
Lastly, further to its August 22 and 23, 2018 press release, the Corporation also wants to inform its shareholders that it is still working on arranging the financing to complete a transaction for the Ultimate Conversion System (‘’UCS’’) machine.
ABOUT AM RESOURCES CORP.
Thus Article "On a more exciting note": AM Resources (AMR.v) gets its entry in for the "Mining NR of the Year" award
That's an article "On a more exciting note": AM Resources (AMR.v) gets its entry in for the "Mining NR of the Year" award This time, hopefully can give benefits to all of you. well, see you in posting other articles.
You are now reading the article "On a more exciting note": AM Resources (AMR.v) gets its entry in for the "Mining NR of the Year" award with the link address https://todaysand.blogspot.com/2019/09/on-more-exciting-note-am-resources-amrv.html
0 Response to ""On a more exciting note": AM Resources (AMR.v) gets its entry in for the "Mining NR of the Year" award"
Post a Comment