REG - Hochschild MiningPLC - Environmental authorisation at Mara Rosa granted

Hochschild MiningAnnouncement

10/08/2022 07:00

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RNS Number : 4784V  Hochschild Mining PLC  10 August 2022

 

 

 

 

 

_____________________________________________________________________________________

10 August 2022

 

 

Hochschild granted key outstanding environmental authorisation at Mara Rosa
Project

 

 

Hochschild Mining PLC ("Hochschild" or the "Company") (LSE: HOC) (OTCQX:
HCHDF) is pleased to announce that the Goiás state's environmental authority,
the State Secretariat for the Environment and Sustainable Development (SEMAD),
has granted the key permit to enable the Company to start construction of the
processing plant and mine pre-stripping. The permit also allows construction
of all the required site infrastructure for progressing the project's critical
paths.

 

Ignacio Bustamante, Chief Executive Officer said:

"We are delighted to have received this permit which is an important milestone
for the project. We can now continue development with first production on
track for H1 2024. We would like to thank all the stakeholders in Brazil,
including the environmental and sustainable development secretary of Goias and
the state's executive government. I would also like to extend our thanks to
the city of Mara Rosa, which has been very supportive of our project."

 

As a reminder, Hochschild will announce its Interim Results on 17 August 2022.

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Enquiries:

 

Hochschild Mining PLC

Charles Gordon
 
 
             +44 (0)20 3709 3264

Head of Investor Relations

 

Hudson Sandler

Charlie Jack
                                              +44
(0)207 796 4133

Public Relations

_____________________________________________________________________________________

 

About Hochschild Mining PLC

Hochschild Mining PLC is a leading precious metals company listed on the
London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the
exploration, mining, processing and sale of silver and gold. Hochschild has
over fifty years' experience in the mining of precious metal epithermal vein
deposits and currently operates three underground epithermal vein mines, two
located in southern Peru and one in southern Argentina. Hochschild also owns
the Mara Rosa Advanced Project in Brazil as well as numerous long-term
projects throughout the Americas.

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Forward looking statements

This announcement may contain forward looking statements. By their nature,
forward looking statements involve risks and uncertainties because they relate
to events and depend on circumstances that will or may occur in the future.
Actual results, performance or achievements of Hochschild Mining PLC may, for
various reasons, be materially different from any future results, performance
or achievements expressed or implied by such forward looking statements.

 

The forward looking statements reflect knowledge and information available at
the date of preparation of this announcement. Except as required by the
Listing Rules and applicable law, the Board of Hochschild Mining PLC does not
undertake any obligation to update or change any forward looking statements to
reflect events occurring after the date of this announcement. Nothing in this
announcement should be construed as a profit forecast.

 

Note

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(Regulation (EU) No.596/2014). Upon the publication of this announcement via a
Regulatory Information Service, this inside information is now considered to
be in the public domain.

 

LEI: 549300JK10TVQ3CCJQ89

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