Titanium Sands Limited (ASX: TSL) announced that it has received notification from the Geological Survey and Mines Bureau granting the retention of the term of license EL370 for an additional 1-year term expiring on 17 May 2025. All five of TSL's essential exploration licenses are current, allowing the company to proceed with the Environmental Impact Assessment (EIA) process.
Completing the EIA process will enable the company to advance to the issuance of the project mining license upon receipt of the Terms of Reference from the Director General of the Central Environment Authority. This renewal will facilitate the continuation and completion of the EIA process, leading to TSL's ability to apply for an Industrial Mining License (IML).
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.