Asia Pacific Resources: Thai Government Accepts Somboon Project E.I.A., Mining Licences Under Application.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--June 30, 2000 (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :APQCF) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :APQ APQ Accordo di Programma Quadro APQ Association des Paraplégiques du Québec APQ Association des Pathologistes du Québec APQ Art Pepper Quartet (jazz group) APQ Armaments Planning Questionnaire APQ Advanced Placement Question .) (FRANKFURT:APQ) Asia Pacific Potash Corp. (APPC (Advanced Program-to-Program Communications) A high-level protocol from IBM that allows one program to interact with another across the network. It supports client/server and distributed computing by providing a common programming interface on all IBM platforms. ) is pleased to announce that the Thai Office of Environmental Planning and Policy (OEPP OEPP Office of Environmental Policy and Planning (Thailand) ), Ministry of Science and Technology has accepted the Environmental Impact Assessment (E.I.A.) for the Somboon project, as filed, subject to a survey of the surface area for plant and storage facilities and certification of the underground mining layout by Thai engineers. Acceptance of the project E.I.A. is a very significant step in the overall project permitting process and is required prior to formal application for project Mining Licences (Prathanabats) in Thailand. In addition, the June 13, 2000, Notification in the Government Gazette, by the Ministry of Industry, confirmed the special rights granted under the October 1984 Potash Concession Agreement between the Ministry of Industry, the Department of Mineral Resources (DMR (Digital Media Receiver) See digital media hub. ) and APPC. By virtue of the Minerals Act, BE2510, the Minister of Industry granted special permission to APPC for filing applications for Special Atchayabats (Special Exploration Licences) and Prathanabats, in respect of an area of 846 square kilometers, including both the Somboon and Udon u·don n. A thick Japanese noodle made with wheat flour, usually served in soup or broth. [Japanese, wheat noodle.] potash deposits, within the original Concession Area. This is a right exclusive to APPC and the Notification formally allows APPC to file the required documentation to obtain the long-term mining licences for the Somboon project. As required, APPC has formally notified the Government of its intention to obtain the mining licences and the appropriate documentation is now under preparation to process the licences. Asia Pacific acknowledges the support and assistance received from OEPP, DMR and the Ministry of Industry as it completes the permitting requirements for the project. The Somboon project is located near Udon Thani, Thailand, about 500 kms from Bangkok. The proposed potash mine will have a capacity of two million tonnes of potassium chloride per annum. Gerald D. Wright, Chief Executive Officer |
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