Millennial Potash Meets with Gabonese President Brice Oligui Nguema During Site Visit
Millennial Potash Corp. (TSXV: MLP, OTCQB: MLPNF) reports on a recent site visit by Gabonese President Brice Oligui Nguema to the Banio Potash Project. The President reaffirmed his support for the project, initially conveyed in December 2023. MLP's Gabonese subsidiary presented a corporate overview, including recent PEA results and a potential production timeline.
President Nguema expressed full support for the project and regional development, promising close government cooperation for permitting and community development. He also endorsed infrastructure initiatives, including power station construction, national grid upgrades, a deep-water port in Mayumba, and improvements to the Mayumba-Ndindi road. Additional plans for the area include enhanced school facilities, a new university, and a modern hospital.
Millennial Potash Corp. (TSXV: MLP, OTCQB: MLPNF) riporta sulla recente visita del Presidente gabonese Brice Oligui Nguema al Progetto di Potassio Banio. Il Presidente ha ribadito il suo sostegno al progetto, già espresso a dicembre 2023. La filiale gabonese di MLP ha presentato una panoramica aziendale, compresi i recenti risultati PEA e un potenziale cronoprogramma di produzione.
Il Presidente Nguema ha espresso pieno sostegno per il progetto e per lo sviluppo regionale, promettendo una stretta cooperazione governativa per i permessi e lo sviluppo delle comunità. Ha anche appoggiato iniziative infrastrutturali, tra cui la costruzione di una centrale elettrica, aggiornamenti alla rete nazionale, un porto in acque profonde a Mayumba e miglioramenti alla strada Mayumba-Ndindi. Ulteriori piani per l'area includono strutture scolastiche migliorate, una nuova università e un ospedale moderno.
Millennial Potash Corp. (TSXV: MLP, OTCQB: MLPNF) informa sobre una reciente visita del Presidente gabonés Brice Oligui Nguema al Proyecto de Potasio Banio. El Presidente reafirmó su apoyo al proyecto, inicialmente expresado en diciembre de 2023. La filial gabonesa de MLP presentó una visión general de la empresa, incluyendo los recientes resultados PEA y una posible cronología de producción.
El Presidente Nguema expresó su total apoyo al proyecto y al desarrollo regional, prometiendo estrecha cooperación gubernamental para la obtención de permisos y el desarrollo comunitario. También respaldó iniciativas de infraestructura, incluyendo la construcción de una central eléctrica, actualizaciones de la red nacional, un puerto de aguas profundas en Mayumba y mejoras en la carretera Mayumba-Ndindi. Los planes adicionales para la zona incluyen instalaciones escolares mejoradas, una nueva universidad y un hospital moderno.
밀레니얼 포타시 Corp. (TSXV: MLP, OTCQB: MLPNF)는 가봉 대통령 브리스 올리귀 은게마의 바니오 포타슘 프로젝트 방문에 대한 보고서를 발표했습니다. 대통령은 2023년 12월에 처음 전달된 프로젝트에 대한 지원을 재확인했습니다. MLP의 가봉 자회사는 최근 PEA 결과와 잠재적 생산 일정이 포함된 기업 개요를 발표했습니다.
집행부 은게마 대통령은 프로젝트와 지역 개발에 대한 완전한 지지를 표명하며, 허가 및 지역 개발을 위한 정부의 긴밀한 협력을 약속했습니다. 그는 전력소 건설, 국가 전력망 업그레이드, 마윤바에 깊은 항구 건설, 마윤바-닌디 도로 개선 등을 포함한 인프라 이니셔티브도 지지했습니다. 지역에 대한 추가 계획으로는 학교 시설 개선, 새로운 대학, 현대적인 병원이 포함됩니다.
Millennial Potash Corp. (TSXV: MLP, OTCQB: MLPNF) rapporte sur une récente visite du Président gabonais Brice Oligui Nguema au Projet de Potasse de Banio. Le Président a réaffirmé son soutien au projet, initialement exprimé en décembre 2023. La filiale gabonaise de MLP a présenté un aperçu de l'entreprise, y compris les récents résultats PEA et un calendrier de production potentiel.
Le Président Nguema a exprimé son soutien total pour le projet et le développement régional, promettant une coopération étroite du gouvernement pour les autorisations et le développement communautaire. Il a également soutenu les initiatives d'infrastructure, y compris la construction d'une centrale électrique, des mises à niveau du réseau national, un port en eau profonde à Mayumba et des améliorations de la route Mayumba-Ndindi. D'autres plans pour la région incluent l'amélioration des installations scolaires, une nouvelle université et un hôpital moderne.
Millennial Potash Corp. (TSXV: MLP, OTCQB: MLPNF) berichtet über einen kürzlichen Besuch des gabonesischen Präsidenten Brice Oligui Nguema beim Banio-Kaliumprojekt. Der Präsident bekräftigte seine Unterstützung für das Projekt, die er zunächst im Dezember 2023 geäußert hatte. Die gabonesische Tochtergesellschaft von MLP präsentierte einen Unternehmensüberblick, einschließlich der aktuellen PEA-Ergebnisse und eines möglichen Produktionszeitplans.
Präsident Nguema äußerte volles Vertrauen in das Projekt und die regionale Entwicklung und versprach enge Regierungskooperation bei Genehmigungen und der Gemeindeentwicklung. Er unterstützte auch Infrastrukturinitiativen, einschließlich des Baus eines Kraftwerks, der Aktualisierung des nationalen Stromnetzes, eines Tiefwasserhafens in Mayumba und Verbesserungen der Straße Mayumba-Ndindi. Zusätzliche Pläne für die Region umfassen verbesserte Schulgebäude, eine neue Universität und ein modernes Krankenhaus.
- Gabonese President reaffirmed support for the Banio Potash Project
- Government promises close cooperation for permitting and community development
- Endorsement of infrastructure initiatives supporting the project
- Planned improvements in local infrastructure (power, roads, port) beneficial to the project
- None.
West Vancouver, British Columbia--(Newsfile Corp. - September 10, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to provide details of a recent site visit by the President of Gabon to the towns of Mayumba and Ndindi on MLP's Banio Potash Project. The President reaffirmed his support for the Banio Potash Project, a commitment he initially conveyed to MLP's Chairman Farhad Abasov in December, 2023.
Mayumba Potasse SARL, MLP's Gabonese subsidiary, General Manager Valvi Pandi Mahoungou provided the President with a corporate presentation outlining the results of the Company's recent PEA including a timeline to potential production. President Brice Oligui Nguema was then presented with a section of potash-rich drill core from the Company's Banio Potash Project at which time he indicated full support for the project and his support for development in the region. The President also indicated the government would work closely with MLP to ensure permitting and community development and economic benefits for the entire region.
In addition to endorsing MLP's potash project President Nguema indicated that infrastructure initiatives would be fully supported by the government including investments of the ongoing construction of the power station and upgrades to the national grid, the government's commitments to a deep-water port in Mayumba and the improvements to the Mayumba-Ndindi road which will provide direct access to MLP's mining area. Other infrastructure planned for the Mayumba area include the enhancement of school facilities, a new university, and a new modern hospital.
To find out more about Millennial Potash Corp. please contact Investor Relations at (604) 662-8184 or email at info@millennialpotash.com.
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MILLENNIAL POTASH CORP.
"Farhad Abasov"
Chair of the Board of Directors
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.
This document may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan" or "planned", "forecast", "intend", "may", "schedule" and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals including approvals of title and mining rights or licenses and environmental (including land or water use), local community or indigenous community approvals, the reliability of third party information, continued access to mineral properties or infrastructure, changes in laws, rules and regulations in Gabon or any other jurisdiction which may impact upon the Company or its properties or the commercial exploitation of those properties, currency risks including the exchange rate of USD$ for Cdn$ or CFA or other currencies, fluctuations in the market for potash or potash related products, changes in exploration costs and government royalties, export policies or taxes in Gabon or any other jurisdiction and other factors or information. The Company's current plans, expectations and intentions with respect to development of its business and of the Banio Potash Project may be impacted by economic uncertainties arising out of any pandemic or by the impact of current financial and other market conditions on its ability to secure further financing or funding of the Banio Potash Project. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, environmental and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
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FAQ
What is the status of Millennial Potash's (MLPNF) Banio Potash Project in Gabon?
What infrastructure improvements are planned to support Millennial Potash's (MLPNF) operations in Gabon?
How has the Gabonese government shown support for Millennial Potash's (MLPNF) project?
