TNG Submits Mining Management Plan for Mount Peake V-Ti-Iron Project

BEIJING (Asian Metal) 9 Oct 19 – On October 8, Australian-based TNG Limited advised that the Mining Management Plan (“MMP”) for its flagship 100%-owned Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory has now been submitted to the Department of Primary Industry and Resources of the Northern Territory Government.

The submission of the MMP was a key requirement following the environmental approvals for the Mount Peake Mine Site and Concentrator. The MMP details how the Company will operate the mine under the Northern Territory Environmental Protection Authority environmental guidelines and its plans for rehabilitation on completion of the mining.

Environmental and project development approvals were secured for the Mine Site last year with the receipt of State and Federal environmental approvals, the execution of a formal Native Title Mining Agreement and the award of the Mount Peake Mineral Leases.