EURO SUN AWARDS ENVIRONMENTAL IMPACT ASSESSMENT TO LEADING GLOBAL CONSULTANTS ERM INTERNATIONAL
Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce it
has awarded the Environmental Impact Assessment for the Rovina Valley Project to ERM
Environmental Resources Management SRL (“ERM”), based in Bucharest Romania for the ten
million ounce Rovina Valley Project in accordance with the mining license granted by the
Romania Government in November 2018.
ERM is a leading global provider of environmental, health, safety, risk, social consulting services
and sustainability related services. ERM operates more than 160 offices in over 40 countries
and territories employing more than 4,700 professionals.
ERM has delivered over 500 projects in Central and Eastern Europe with over 20 relevant
permitting and EIA projects in Romania alone. Their Romania clients include international
corporations such as OMV Petrom, Huntoil, ExxonMobil, Lukoil and Chevron. They have also
concluded several projects for mining clientele in the region such as Rio Tinto, Lundin Mining
and Dundee Precious Metals.
Scott Moore, Euro Sun’s CEO states, “We are pleased to have engaged such a professional
and globally recognised firm to assist in completing our EIA process and one that has extensive
experience working in Romania in particular and is certified by the Ministry of Environment for
production of all types of environmental studies.”
ERM will support Euro Sun’s 100% owned Romanian subsidiary, Samax Romania SRL
(“Samax”), in the preparation of the Notification, public announcements and Environmental
Report for re-zoning, in line with the Strategic Environmental Assessment (“SEA”) Directive,
which came into force under Romanian legislation by Government Directive 1076/2004.
ERM will also provide support during the permitting procedure, including participation to the
Special Committee and Working Groups and support during the public hearing until Euro Sun
has obtained the environmental approval for rezoning. Additionally, ERM will support the
preparation of the Notification, Presentation Memorandum and Environmental Impact
Assessment (“EIA”), in line with the EIA Directive, which came into force under Romanian
legislation by Law No 292/2018. ERM will provide support during the permitting procedure
including participation to the Technical Analysis Committee meetings and support during the
public hearing until the Company has obtained the Environmental Agreement for construction.
ERM and Samax hope to complete both SEA and EIA processes within the next twelve months.
About Euro Sun Mining Inc.
Euro Sun is a Toronto Stock Exchange listed mining company focused on the exploration and
development of its 100%-owned Rovina Valley Gold and Copper Project located in west-central
Romania. The property hosts 10.11 million gold equivalent ounces (7.05 million ounces of gold
grading 0.55 g/t and 1,390 million pounds of copper grading 0.16%).
Qualified Persons
Mr. Randy Ruff, P.Geo, an employee of Euro Sun and a qualified persons as defined by as
defined by NI 43-101, has reviewed the technical disclosure contained in this press release.
About ERM
Environmental Resources Management (“ERM”) is a leading global provider of environmental,
health, safety, risk, social consulting services and sustainability related services. ERM is
committed to providing a service that is consistent, professional and of the highest quality to
create value for our clients. ERM has worked with many of the Global Fortune 500 companies
delivering innovative solutions for business and selected government clients, helping them
understand and manage the sustainability challenges that the world is increasingly facing.
For over 40 years, ERM has been working with clients around the world and in diverse industry
sectors to help them to understand and manage their environmental, health, safety, risk and
social impacts. The key sectors ERM serves include Oil & Gas, Mining, Power, and
Manufacturing, Chemical and Pharmaceutical. All face critical sustainability challenges and
ERM’s clients in these and many other areas rely on ERM’s ability to assist them operate more
sustainably which has a positive impact on the planet.
Further information:
For further information about Euro Sun Mining, or the contents of this press release, please
contact Investor Relations at info@eurosunmining.com
Caution regarding forward-looking information:
This press release contains forward-looking information within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, without limitation, statements regarding the
appointment of ERM to complete the EIA. Forward-looking information is subject to known and unknown
risks, uncertainties and other factors that may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those expressed or implied by such forward-
looking information, including risks inherent in the mining industry and risks described in the public
disclosure of the Company which is available under the profile of the Company on SEDAR
at www.sedar.com and on the Company's website at www.eurosunmining.com. Although the Company
has attempted to identify important factors that could cause actual results to differ materially from those
contained in forward-looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking information. The
Company does not undertake to update any forward-looking information, except in accordance with
applicable securities laws.
The TSX does not accept responsibility for the adequacy or accuracy of this news release.