The Peak Resources team on site
The Peak Resources team on site

Tanzania - ASX-listed rare earths junior Peak Resources has registered its Ngualla rare earth project with the National Environmental Management Council in Tanzania.

This represents a key milestone in commencing the formal permitting process for the project.

Early in 2015 Peak appointed environmental consultants Align Environment and Risk and Paulsam Geo-engineering Company. Paulsam is a well respected Tanzanian firm with extensive experience in conducting Environmental and Social Impact Assessments (ESIA).

Part of Align’s role is to assist Peak to continue to meet International Finance Corporation best practice standards of environmental performance.

Wet and dry season baseline surveys at Ngualla have already been completed by Paulsam to support the ESIA process which is required for the issue of an Environmental Certificate (EC). The EC is required prior to the grant of a mining license.

It is expected that the process to obtain an EC will be completed by the end of 2016.

“We are pleased to have commenced the formal permitting process for Ngualla. This is the first of many positive steps as we move forward with the development of the project," says Peak Resources MD, Darren Townsend.

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