Euro Manganese Inc. is pleased to announce that the Village of Trnavka council has authorized the rezoning of land underneath the Chvaletice Manganese Project deposit. In particular, the conditions of a land access contract for Project land owned by the local municipality of Chvaletice have been accepted.
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Approval for Rezoning of Land Underlying the Project
The rezoning of land for mining usage has been formally accepted by the Village of Trnavka, which is home to nearly 85% of the Project’s tailings. The nearest residential neighborhood is Trnavka, which is located to the east of the Project. Trnavka actually sold the Company a 2.96-hectare piece of land close to the Project’s tailings hosted deposit, and the rezoning reflects their continuous support.
The rest of the underlying land is administered by the Municipality of Chvaletice, which is located just west of the Project. The Municipality had earlier approved the commencement of the rezoning procedure under its municipal land use plans by a unanimous vote.
The Company estimates that the rezoning of the Chvaletice land underneath the Project’s tailings dump will be officially authorized for mining by the end of calendar year 2022.
Approval of Land Access Agreement Terms from Chvaletice
The Municipality of Chvaletice has authorized land access agreement terms through leasing of land owned by Chvaletice, providing the Company access to about 19% of the overall land area needed for the Project and roughly 15% of the total tailings area.
The land will be rented for a 40-year period or upon restoration of the land at an annual rental of CZK 7.46 million (about CAD$420,000), accounting for inflation based on the average annual Czech consumer price index for the preceding calendar year.
Final contracts formalizing the land rental from Chvaletice are pending, which the Company hopes to be completed in the second quarter of calendar 2022.
Land access arrangements for the remaining Project area are being discussed with the other landowners. To date, all necessary landowners have given their permission for the Company to perform exploration activities and get access to the site. In addition, the Company has purchased, agreed to purchase, or has options to purchase all of the land required for its planned high-purity manganese processing facility.
We are grateful for the continued support of our neighboring communities, Chvaletice and Trnavka. Our team has worked hard to ensure that local community residents are well-informed and that meaningful opportunities are created for them to participate in the evaluation and planning of the Chvaletice Manganese Project.
Dr. Matthew James, President and CEO, Euro Manganese Inc.
“Our goal remains to build long-term, respectful, and collaborative relationships, while ensuring that the Project fits seamlessly into the environmental, social, and economic fabric of the region,” James added.
“Additionally, we continue to move our discussions forward with the remaining landowners related to land access agreements for the Chvaletice Project area,” James concluded.