Highfield Muga K Project Receives Permit

ASX-listed Highfield Resources Ltd., Navarre, Spain, reports that as of May 31 Spain’s Ministry for Ecological Transition approved the granting of a positive Declaración de Impacto Ambiental (DIA) for the company’s Muga Potash Project in the country’s Ebro potash basis in northern Spain. Highfield said the DIA means the company has now received the key environmental permit required to move the project forward.

Highfield said it will now focus on securing the mining concession and the construction permits necessary to take the project into construction. It will also commit to the purchase of certain long lead time mining and process plant equipment, as well as completion of the final project design.

Highfield noted that it updated its mineral resource statement on the project in January to 108.7 million mt 10.2 percent K2O of proved and probable ore reserves, with a prove ore estimate of 42.9 million mt at 10.2 percent K2O. Last November, it refreshed a Memorandum of Understanding (MOU) with Spanish contractor Acciona Infraestructuras SA for construction of the mine.

Highfield has four additional 100 percent-owned potash projects in the Ebro region, including Vipasca, Pintanos, Izaga, and Sierra del Perdon.