VANCOUVER, British Columbia, Jan. 04, 2024 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) is pleased to announce that the Ministry of Energy and Mines of Ecuador, through the Central Coordination Zone, has authorized the extension period for the La Plata mining concession.
This new period of validity for the concession is extended until 2049. This time frame will allow for the advancement of engineering activities, construction, operation, and closure of mining operations within the concession, as well as allowing the integration of any future exploration success within the mining concession that could potentially add to the currently estimated resources.
The new term of the concession will begin from the date of registration in the Mining Registry under the Agency for Regulation and Control of Energy and Non-Renewable Natural Resources. This decision by the Government of…
