A Deposit Development Plan has been completed and is a standard mine technical and economic study as prescribed by Polish mining regulations.
The DDP is required to document the proper management and extraction of resources and will be submitted to the relevant Polish government mining authority for their review prior to the grant of a mining concession at the project, according to Prairie.
The DDP includes economic assumptions based on the project’s Pre-Feasibility Study and is required to meet specific Polish geological standards as well as conforming with existing Polish mining regulation requirements.
It is expected that the DDP will be lodged to the provincial mining authority in Lublin for final review shortly.
In conjunction with the submission of the DDP, the final selection of the site for mine surface infrastructure has been formally confirmed and will be used in both the spatial development permitting and the application for the environmental consent decision for the Prairie’s Lublin Coal project.
An application for an environmental consent decision for the project has also been submitted to the Regional Director for Environmental Protection in Lublin along with a Project Information Card which sets out the environmental procedure leading to the approval of the ESIA.
The ESIA, which is currently progressing, will provide the relevant authorities with sufficient information to award the Environmental Decision.
“Prairie is currently on track to complete all environmental requirements and submit its completed ESIA to the regional authorities at the beginning of 3Q 2016 and expects to receive the Environmental Decision over the project’s mining area in early 2017,” the company said.