16 July 2024
Giyani Metals Corp (TSX-V:EMM, OTC:CATPF) told investors it has secured 25-year surface rights leases for its K.Hill project area, in Botswana, where it is planning a solar farm.
The leases, covering 1,010 hectares, were granted by the Ngwaketse Land Board in Botswana and are renewable for an additional 25 years.
Surface rights give Giyani the ability to develop the sites and access to sub-surface water, supporting the company’s strategy to reduce its CO2 footprint through the integration of solar power.
It is part of the company’s ongoing definitive feasibility study (DFS) which is expected to be completed by the second quarter of 2025.
“The speed with which this process was concluded is testament to the professional systems in place in-country and endorses Botswana’s ranking as the premier mining investment jurisdiction in Africa,” chief executive Danny Keating said in a statement.
Keating added:
“The efficiency of Botswana’s regulatory process compared to other global jurisdictions will allow Giyani to remain at the forefront of the battery-grade manganese industry, as we move rapidly to delivering the DFS and battery-grade manganese production from the Demo Plant.
“The receipt of the surface rights is an important milestone for the project and a clear sign that Giyani is maintaining momentum in the development of this vital critical minerals project.”
