EV1 Cleared to Finalize Chikundo Drilling Contract
Key points
- Green light from the Mining Commission
- Three approved contractors, 100% Tanzanian-owned
- Chosen on safety, experience, and capability
Full summary
Evolution Energy Minerals Limited (ASX:EV1) has received approval from Tanzania's Mining Commission for its Expression of Interest (EOI) for the maiden drilling program at the Chikundo Copper Project in southern Tanzania. This approval enables EV1 to finalize the drilling contract with one of three shortlisted, 100% Tanzanian-owned contractors. The contractors were selected based on safety, experience, equipment capability, and management support. The approval supports EV1's commitment to local content and Tanzanian participation in the project.
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