Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (FRA: M1N) Moves Closer to Obtaining Trial Mining License, Commencing Operations at Brasnorte Project

May 30, 2018 11:31:54
  • Company receives final geological review of the Juina claims, a key element of the application process
  • Environmental control plan and associated fees submitted to the local authorities in view of obtaining a preliminary environmental license
  • Maxtech Ventures has four claims totaling 40,000 hectares in Mato Grosso, Brazil

Canadian-based Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (FRANKFURT: M1N), a diversified industries corporation with a focus on manganese mineral assets, has moved one step closer to commencing initial mining operations at its flagship properties in Juina, Mato Grosso, Brazil. The company recently announced that it has received a final geological review for its Brasnorte Project in Juina, a key element of the trial mining license application process, also known as the Guia process, of the Brazilian mining authority. The review, conducted by SGS Geosol Laboratorios LTDA., Belo Horizonte, Brazil, showed values of 51.4 percent to 55.9 percent manganese metal at these claims.

The Guia application has already been filed, and associated fees have been lodged with the country’s mining department, Departamento Nacional de Produção Mineral (DNPM), Maxtech Ventures announced in a…

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