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TAWANA RESOURCES NL - Mofe Creek Esia Progress

Release Date: 18/08/2015 08:45
Code(s): TAW     PDF:  
Wrap Text
Mofe Creek Esia Progress

Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
ISIN: AU000000TAW7
Share code on the Australian Stock Exchange Limited: TAW
ISIN: AU000000TAW7


Mofe Creek ESIA Progress

PLEASE NOTE: ALL GRAPHICS HAVE BEEN REMOVED FOR SENS PURPOSES. PLEASE
REFER TO TAWANA WEBSITE FOR THE COMPLETE ANNOUNCEMENT.

Tawana Resources NL (‘Tawana’ or ‘the Company’) is pleased to announce that a Scoping Report
and Terms of Reference report for an Environmental and Social Impact Assessment (ESIA), for the
Company’s Mofe Creek project (Project) has been submitted for review to the Environmental
Protection Agency (EPA) of Liberia.

Once the Terms of Reference report has been granted EPA approval, the Mofe Creek project’s ESIA
studies can be fully progressed. This submission represents a key step forward in the ESIA process,
and forms part of Tawana's commitment to obtaining an Environmental Permit and Mining Licence for
the Mofe Creek project.

Executive Chairman and Chief Executive Officer, Mr Wayne Richards said “These reports provide the
basis for a detailed analysis of the social, environmental and technical aspects of the Project and the
communities in which the Project will operate.”

Mr Richards continued, “Early consideration of project specific environmental and social impacts
along with appropriate community engagement can significantly influence the long term success of a
project. Through its comprehensive groundwork, Tawana seeks to maximise the economic, social and
environmental benefits of the Mofe Creek iron ore project for all its shareholders and Liberian
stakeholders.”

Both reports are the culmination of over a year’s surveillance and community consultative work within
the Project areas. Tawana engaged two accredited consultants, Earth Systems (international
consultancy) and Earth Environmental Consultancy (EEC, a Liberian consultancy based in Monrovia)
to prepare the Scoping Report and Terms of Reference, in line with relevant Liberian environmental
and EIA regulations.


For further information, contact:

Wayne Richards
Executive Chairman and Chief Executive Officer
Tel +61 8 9489 2600

18 August 2015

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

1 The Mineral Resource estimate for the Mofe Creek project of 61.9Mt @ 33% Fe comprises
Indicated Mineral Resources of 16.2Mt @35.4% Fe and 45.7Mt @32.1% Fe. For more information on
the Resource estimate, refer to ASX announcement dated 31 March 2014. Tawana Resources is not
aware of any new information or data that materially affects the information included in the said
announcement.

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