Laboratory Results From The Water Treatment Plant

RNS Number : 1296M

Bluebird Merchant Ventures Limited

26 April 2018

 

26 April 2018

Bluebird Merchant Ventures Ltd

(the "Company" or "Bluebird")

Laboratory Results Received From The Water Treatment Plant

Bluebird Merchant Ventures (EPIC: BMV), the Asian focused resource development group is pleased to announce the results from water treatment plant at Gubong. 

Highlights:

·      Laboratory results show no heavy metals present in the treated water

·      Gubong is progressing to the highest possible environmental standards

·      Strong community and government support for the reopening of the Gubong and Kochang mines

As previously announced on 16 April 2018, the Company commissioned a small water treatment plant at Gubong on 9 April 2018 to ensure the water being released from the mine meets acceptable environmental standards. As work inside the mine progresses water entering the mine and any water used in reopening the mine will be routed through this plant.

Bluebird has now received results of the discharge from a certified South Korean laboratory.  No heavy metals were present in the treated water which demonstrates that the treatment plant is effective. 

The local community at village, county and provincial level have been pleased that the Gubong project is being implemented to the highest environmental standards which both Bluebird and Southern Gold are committed to. 

The Company expects to update the market within the next couple of weeks with the results of the initial metallurgical test work and results of the sampling program carried out at Kochang last month.  All samples were sent to SGS for assay.

Colin Patterson, CEO, commented:

"We have ensured that all the operations that we have carried out to date, at both Gubong and Kochang, have been to the highest industry standards.  As such we are delighted that results from the water discharge have been certified to show no heavy metals proving the effectiveness of our water treatment plant.

"We are also delighted with the support that our projects have been gaining from the local community and Government, and we will continue to work with both these groups as we progress our projects." 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION EU 596/2014 ("MAR")

Enquiries:

Bluebird Merchant Ventures Ltd	[phone]
Jonathan Morley-Kirk, Non-Executive Chairman
SP Angel Corporate Finance LLP Ewan Leggat Smaller Company Capital Ltd Rupert Williams/Jeremy Woodgate	+ 44 (0) 20 3470 0470 [phone]
Blytheweigh	[phone]
Tim Blythe / Camilla Horsfall / Nick Elwes

www.bluebirdmv.com

@BluebirdIR

 

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