Adroit's Italian Project-Production From Tailings Remediation and Permit Applications Update
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/27/12 -- Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V). Italian Project - Production From Tailings Remediation and Permit Applications Update.
Tailings Remediation. Several months of meetings by management on the viability of a tailings remediation program with local mayors, local authorities and the Mines Department, led to a recent meeting with the Tuscan Regional Authority. In this meeting, senior officials offered a series of constructive suggestions on how to advance the process. It was suggested that it would be possible for operations to commence within twelve months. As a result of these meetings, management is pleased to announce its intention to extend the operations of Adroit's wholly-owned subsidiary, Risorse dei Minerali Naturali Srl (RMN), into the remediation of tailings in Grosseto Province, Tuscany, Italy.
RMN has appointed environmental engineer and geologist, Ms Irene Oppo to manage this program. Ms Oppo has worked for the Sardinian region, providing guidance on productive recovery from active and former tailings dumps. Ms Oppo has a thorough knowledge of the administrative and technical requirements for the recovery process. Our data and data from other companies confirm the presence of antimony, base and precious metals in the mine tailings that have been tested. Adroit will use this data to prioritize and select the tailings suitable for the most profitable reprocessing.
President Graeme Rowland states: 'The intention is to generate revenue alongside the existing exploration programme. We will reinvest any profits into the exploration and development of the whole project. The Company has not completed a feasibility study and there is no certainty the proposed operations will be economically viable. In carrying out this work, we will be helping local authorities to meet their statutory obligations of dealing with mining waste, by remediating that waste. Grosseto has been a prolific mining region for centuries; many of the tailings are rich in metals that were mined in a time when recovery rates from extraction were relatively low. Technology has since improved and metal prices are much higher.'
Local Authorities are legally responsible for ensuring that tailings do not have a negative impact on public health and the environment. Grosseto Province has a long history of mining with over 3,000 historic and 577 current mines. As a result, there are large quantities of mine waste at surface.
Permit Applications Update. A total of nine permits were applied for last fall. Applications for two year extensions were made for Adroit's existing six exploration permits, Adroit's November 8, 2011 news release refers and three new exploration permits by RMN were also filed, Adroit's October 19, 2011 news release refers.
All applications have been submitted in conformity with new procedures under the regional environmental impact assessment law (Regional law N10 12 FEB 2010), this law was introduced to bring Italian law into compliance with EU Directives on environmental impact assessment (EIA).
Note: This new procedure does not apply to the remediation of tailings as these are already polluted sites.
President's comments: 'The new procedures can be divided broadly into two, a faster procedure for low environmental impact applications and a longer procedure for more sensitive areas. I expect that our lower environmental impact applications will be granted in the near future, whilst one or two permits may take longer because of our intention to drill extensively.'
Adroit Resources Inc. is a mineral exploration company that is currently exploring for gold, silver and antimony in central Italy and diamonds, precious and base metals in the south Timmins/Shining Tree/Temagami/Cobalt and Bancroft areas of Ontario, Canada. The Company currently has 135,295,191 shares issued and outstanding.
On behalf of the Board of Directors,
Graeme Rowland, Chairman and President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Adroit Resources Inc.
(604) 688-3304
info@adroitresources.ca
www.adroitresources.ca
Blackwell (Corporate Advisor)
(416) 364-3123
blackwell@tcn.net