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Sirius Minerals Plc (SXX)

Sirius Minerals Plc

CHMA Signed for Adavale Project
RNS Number : 4191E
Sirius Minerals Plc
07 April 2011
 



For immediate release: 0700hrs, 7 APRIL 2011

 

Sirius Minerals Plc

 

("Sirius" or the "Company")

 

Cultural Heritage Management Agreement Signed for Adavale Project

 

The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY), the globally diversified potash development group, are pleased to announce the signing of a Cultural Heritage Management Agreement ("CHMA") with the Bidjara People, the Registered Native Title Claimants over the area in Queensland containing the Adavale Project.

 

The CHMA establishes a formal framework for the management and protection of Aboriginal Cultural Heritage sites and a basis for expediting exploration activities on the Adavale Project.

 

Chris Fraser, Managing Director and CEO of Sirius said: "We are very pleased to conclude this CHMA with the Bidjara People.  It clears the way for Sirius to advance the Adavale Project while protecting areas and objects of significance to Aboriginal Cultural Heritage.  The Bidjara People are important stakeholders for the Adavale Project and we look forward to a positive long-term working relationship."

 

For further information, please contact:

 

Sirius Minerals Plc




Chris Fraser
(MD & CEO)

Tel: +44 7582711382 or

+61 404 073 288

Andrew Lindsay
(FD & CFO)

Tel: +44 20 7917 2800





NOMAD

Joint Brokers

Media Enquiries

Beaumont Cornish Limited

XCAP Securities Plc

Daniel Stewart & Company Plc

Gth Media Relations

Roland Cornish/ James Biddle

John Grant, Karen Kelly, David Newton

Christopher Theis / Noelle Greenaway

Toby Hall/Christian Pickel

Tel: +44 207 628 3396

Tel: +44 20 7101 7070

Tel: + 44 20 7776 6550

Tel: + 44 20 3103 3903

 

About Sirius Minerals Plc

Sirius Minerals is a globally diversified potash development company. Its primary focus is to bring on stream major potash mining facilities through the acquisition and development of projects overlying recognised potash deposits. Today it holds properties in the United Kingdom (North Yorkshire), the United States (North Dakota), and Australia (Queensland and Western Australia).

 

The Company is additionally progressing ongoing Research and Development initiatives into the secondary uses of salt and potash beds for energy storage and carbon dioxide sequestration.

 

Incorporated in 2003, Sirius Minerals' shares are traded on the London Stock Exchange's AIM market. Its shares are also traded in the United States on the OTCQX through the use of a sponsored ADR facility. Further information on the Company can be found at www.siriusminerals.com.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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