Cuenca

INV Metals Advances Loma Larga Project and Begins Formal Permitting Process With Submission of Environmental Impact Study

Retrieved on: 
Monday, April 26, 2021

The process provides for the timely technical review and comment by the MEW, followed by timely responses to comments by the Company.

Key Points: 
  • The process provides for the timely technical review and comment by the MEW, followed by timely responses to comments by the Company.
  • Subsequent to the completion of the technical review of the EIS by the MEW, INV Metals will commence the citizen participation and consultation phase.
  • Water discharged from the Loma Larga Project will be treated and no water will be discharged within the Canton of Cuenca.
  • The terms of the IPA provide various stability and protective measures for historical and future investments in Loma Larga, in addition to providing fiscal incentives for the Project.

Constitutional Court of Ecuador Denies Referendum Application and INV Metals Provides Update

Retrieved on: 
Monday, August 31, 2020

TORONTO, Aug. 31, 2020 (GLOBE NEWSWIRE) -- INV Metals ("INV Metals" or "Company") (TSX: INV) provides an update on the 100% owned Loma Larga gold-copper-silver property (Loma Larga or Project), located in Ecuador.

Key Points: 
  • TORONTO, Aug. 31, 2020 (GLOBE NEWSWIRE) -- INV Metals ("INV Metals" or "Company") (TSX: INV) provides an update on the 100% owned Loma Larga gold-copper-silver property (Loma Larga or Project), located in Ecuador.
  • Ms. Candace MacGibbon, CEO, stated, We are pleased to report that the Constitutional Court of Ecuador has once again denied the application to hold a referendum related to mining activities within the canton of Cuenca, in the province of Azuay.
  • On August 28, 2020, the Ecuadorian Constitutional Court (the Constitutional Court) denied the request to hold a referendum related to mining activities within the canton of Cuenca, which was presented for consideration to the Court on August 3, 2020.
  • The Constitutional Court denied the request stating the standards and criteria previously established by the Constitutional Court to hold a referendum regarding mining activities were not met.

INV Metals Provides Update

Retrieved on: 
Monday, August 3, 2020

TORONTO, Aug. 03, 2020 (GLOBE NEWSWIRE) -- INV Metals ("INV Metals" or "Company") (TSX: INV) provides an update on the 100% owned Loma Larga gold-copper-silver property (Loma Larga or Project), located in Ecuador.

Key Points: 
  • TORONTO, Aug. 03, 2020 (GLOBE NEWSWIRE) -- INV Metals ("INV Metals" or "Company") (TSX: INV) provides an update on the 100% owned Loma Larga gold-copper-silver property (Loma Larga or Project), located in Ecuador.
  • Ms. Candace MacGibbon stated, INV Metals has focused its efforts to design the Loma Larga underground mine and related infrastructure in an environmentally responsible manner, with a total site footprint of less than 65 hectares.
  • ETAPAis a public utilities company owned and operated by the city of Cuenca, which provides landline telephone, internet, water, and sanitation and sewage services within the canton of Cuenca.
  • The development of Loma Larga is expected to provide substantial economic benefits to the future employees of INV Metals, our communities, and the local, provincial and federal governments of Ecuador.