Bezant Resources Plc has initiated the process of seeking licensing for its gold project situated within EPL 5796 in central Namibia.
With the project strategically located approximately 100km south-west Windhoek and 120km south-east Walvis Bay, Bezant Resources is navigating the regulatory landscape in anticipation of obtaining a mining licence from the Namibian government.
Executive Chairman of Bezant Resources Colin Bird said the company is covering all ground work whilst awaiting approval.
“We have continued to advance the Project pending the anticipated award of the mining licence. Our time has been well-spent confirming the suitability of Hope & Gorob ore to dry sorting technologies together with the optimisation of various aspects of the future operation,” he said.
The company, holding a 70% interest in the project, has completed a Social and Environmental Impact Assessment (ESIA) managed by EnviroNam Consultants, and submitted it for comments.
“We will continue with essential work largely linked to project development and keep shareholders informed of progress,” assured Bird.
The Project’s ownership extends to adjacent licences, EPL 6605 and EPL 7170, under renewal, with the remaining 30% held by local Namibian partners.
The current JORC 2012-compliant Mineral Resource Estimate for Hope and Gorob, gross*, positions the project as a promising venture.
“The company is also focusing on opencast mine design, contract mining, and underground mine design. Additionally, plans for bulk renewable energy supply are underway, with a potential provider already approached for a hybrid renewable energy solution,” added the chairman.
