ARU 2.33% 21.0¢ arafura resources limited

go ahead to mine gold

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    Sydney - Thursday - July 19: (RWE Australian Business News) -
    Arafura Resources Limited (ASX:ARU) has received approval from the
    Department of the Environment and Water Resources (Australian
    Government) to mine recoverable mineral resources (gold) at the
    Mt Porter Gold Project.
    The Mt Porter Gold project contains 34,200 oz of relatively high
    grade gold and is located 15km from the Union Reefs mill in the Pine
    Creek district of the Northern Territory approximately 165km
    south east of Darwin.
    The Project required assessment and approval under the
    Environment Protection and Biodiversity Conservation Act 1999 for
    potential impacts on listed threatened species and ecological
    communities, on listed migratory species, and on the Kakadu National
    Park World Heritage Area.
    Alistair Stephens, Managing Director of Arafura Resources, said,
    "This approval represents a significant milestone in the development of
    the Mt Porter resource. Assessment of opportunities to develop the mine
    will now be carried out."
 
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