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Hiru Corporation (HIRU) Commits to Environmental Sustainability and Community Engagement in Tasmania's Balfour Project

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Hiru (OTC Pink: HIRU) has reinforced its commitment to environmental sustainability and community engagement as it begins development of the Balfour Project in Western Tasmania. This follows the company's recent agreement granting exclusive mining concession rights in the region. Hiru will ensure full compliance with Tasmania's environmental laws and actively engage with local communities.

The company will prioritize the rehabilitation of the mining area after operations are completed. The estimated value of in-situ copper at the Balfour Project ranges between A$191.5 million and A$446.7 million (approximately US$124.5 million to US$290.4 million), reflecting significant potential returns that will benefit the local economy while preserving the environmental integrity of the region.

Hiru (OTC Pink: HIRU) ha rafforzato il suo impegno per la sostenibilità ambientale e il coinvolgimento della comunità mentre inizia lo sviluppo del Progetto Balfour nella Tasmania occidentale. Questo segue l'accordo recente dell'azienda che concede diritti esclusivi di concessione mineraria nella regione. Hiru garantirà il pieno rispetto delle leggi ambientali della Tasmania e si impegnerà attivamente con le comunità locali.

L'azienda darà priorità alla riabilitazione dell'area mineraria una volta completate le operazioni. Il valore stimato del rame in situ nel Progetto Balfour varia tra A$191,5 milioni e A$446,7 milioni (circa US$124,5 milioni a US$290,4 milioni), riflettendo significativi potenziali ritorni che beneficeranno l'economia locale pur preservando l'integrità ambientale della regione.

Hiru (OTC Pink: HIRU) ha reforzado su compromiso con la sostenibilidad ambiental y el involucramiento comunitario al comenzar el desarrollo del Proyecto Balfour en Tasmania Occidental. Esto sigue al reciente acuerdo de la empresa que otorga derechos exclusivos de concesión minera en la región. Hiru asegurará el pleno cumplimiento de las leyes ambientales de Tasmania y se comprometerá activamente con las comunidades locales.

La empresa priorizará la rehabilitación del área minera una vez que se completen las operaciones. El valor estimado del cobre in situ en el Proyecto Balfour varía entre A$191,5 millones y A$446,7 millones (aproximadamente US$124,5 millones a US$290,4 millones), lo que refleja retornos potenciales significativos que beneficiarán la economía local al mismo tiempo que se preserva la integridad ambiental de la región.

히루 (OTC Pink: HIRU)는 타즈마니아 서부에서 발푸르 프로젝트 개발을 시작하며 환경 지속 가능성지역 사회 참여에 대한 자신의 약속을 강화했습니다. 이는 지역 내 독점 채굴 권한을 부여하는 최근 회사의 계약에 따른 것입니다. 히루는 타즈마니아의 환경 법규를 전적으로 준수하고 지역 사회와 적극적으로 소통할 것입니다.

회사는 작업이 완료된 후 채광 지역 복원을 우선시 할 것입니다. 발푸르 프로젝트에서 현장 구리의 추정 가치는 A$191.5백만에서 A$446.7백만 (약 US$124.5백만에서 US$290.4백만) 범위에 있으며, 이는 지역 경제에 혜택을 주면서도 지역의 환경적 완전성을 유지할 수 있는 상당한 잠재적 수익을 반영합니다.

Hiru (OTC Pink: HIRU) a renforcé son engagement envers la soutenabilité environnementale et l'engagement communautaire alors qu'il commence le développement du Projet Balfour dans l'Ouest de la Tasmanie. Cela fait suite à un accord récent de l'entreprise accordant des droits exclusifs de concession minière dans la région. Hiru veillera à respecter pleinement les lois environnementales de la Tasmanie et s'engagera activement avec les communautés locales.

L'entreprise priorisera la réhabilitation de la zone minière après la fin des opérations. La valeur estimée du cuivre in situ dans le Projet Balfour se situe entre A$191,5 millions et A$446,7 millions (environ US$124,5 millions à US$290,4 millions), ce qui reflète un potentiel de retours significatifs qui bénéficieront à l'économie locale tout en préservant l'intégrité environnementale de la région.

Hiru (OTC Pink: HIRU) hat sein Engagement für Umweltnachhaltigkeit und Gemeinschaftsengagement verstärkt, während es mit der Entwicklung des Balfour-Projekts in Westtasmanien beginnt. Dies folgt der kürzlichen Vereinbarung des Unternehmens, die exklusive Bergbaurechte in der Region gewährt. Hiru wird die vollständige Einhaltung der Umweltgesetze von Tasmanien sicherstellen und aktiv mit den lokalen Gemeinschaften zusammenarbeiten.

Das Unternehmen wird die Renaturierung des Bergbaugebiets nach Abschluss der Arbeiten priorisieren. Der geschätzte Wert des in situ Kupfers im Balfour-Projekt liegt zwischen A$191,5 Millionen und A$446,7 Millionen (ca. US$124,5 Millionen bis US$290,4 Millionen), was erhebliche potenzielle Erträge widerspiegelt, die der lokalen Wirtschaft zugutekommen und gleichzeitig die Umweltintegrität der Region bewahren werden.

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Toronto, Ontario--(Newsfile Corp. - September 13, 2024) - Hiru Corporation (OTC Pink: HIRU) www.otchiru.com, www.hirumining.com has reinforced its commitment to environmental sustainability and community engagement as it begins development of the Balfour Project in Western Tasmania. This follows the company's recent agreement with Zebs Minerals Pty Limited and D & B Mining Pty Limited, which grants Hiru Corporation (OTC Pink: HIRU) exclusive mining concession rights in the region.

As part of this agreement, Hiru Corporation (OTC Pink: HIRU) will ensure full compliance with Tasmania's environmental laws throughout the project's lifecycle. The company will also actively engage with local communities to ensure their interests are represented, and it will prioritize the rehabilitation of the mining area after operations are completed.

"The Balfour Project is not only an opportunity to extract valuable mineral resources but also a chance for Hiru Corporation (OTC Pink: HIRU) to demonstrate its commitment to environmental responsibility and social impact," said CEO of Hiru Corporation (OTC Pink: HIRU). "We are dedicated to balancing economic growth with sustainability and community well-being."

The estimated value of in-situ copper at the Balfour Project ranges between A$191.5 million and A$446.7 million (approximately US$124.5 million to US$290.4 million), reflecting significant potential returns that will benefit the local economy while preserving the environmental integrity of the region.

More updates will follow shortly.

About Hiru Corporation:

Hiru Corporation (OTC Pink: HIRU) is a mining company headquartered in Toronto, Canada, with a focus on copper and other essential metals. The company's flagship operation, the Balfour Project, is located in north-western Tasmania, Australia. Hiru is committed to ethical mining practices and is actively exploring new opportunities in resource-rich regions across the globe.

Disclaimer Regarding Forward Looking Statements

Certain statements that we make may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions.  In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects," "forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions.  Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements.  We caution investors not to rely unduly on any forward-looking statements.

Contact:
Corporate Communications
Irina Veselinovic (Secretary)
Website: www.otchiru.com & www.hirumining.com
Phone: +1 954-228-1053
Email: corporate@otchiru.com
X: @HiruMining

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223202

FAQ

What is Hiru 's (HIRU) commitment to environmental sustainability in the Balfour Project?

Hiru (HIRU) is committed to full compliance with Tasmania's environmental laws throughout the Balfour Project's lifecycle and will prioritize the rehabilitation of the mining area after operations are completed.

How will Hiru (HIRU) engage with local communities in Tasmania for the Balfour Project?

Hiru (HIRU) will actively engage with local communities to ensure their interests are represented throughout the development of the Balfour Project in Western Tasmania.

What is the estimated value of in-situ copper at Hiru 's (HIRU) Balfour Project?

The estimated value of in-situ copper at Hiru 's (HIRU) Balfour Project ranges between A$191.5 million and A$446.7 million (approximately US$124.5 million to US$290.4 million).

When did Hiru (HIRU) acquire the mining concession rights for the Balfour Project?

Hiru (HIRU) recently acquired exclusive mining concession rights for the Balfour Project in Western Tasmania through an agreement with Zebs Minerals Pty and D & B Mining Pty

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