Tuesday, October 18

Bandanna Energy Limited (ASX:BND) Update on the Co-Existence Arrangements of Mining and Agricultural Activities

As part of Bandanna Energy Limited's (ASX:BND) commitment to ensuring future mining impacts on agricultural lands within the Springsure Creek, Arcturus and Arcadia project locations are minimised, and that these projects capture the spirit of proposed Strategic Cropping Lands legislation that is expected to address issues relating to the co-existence of mining and agricultural activities, we are pleased to announce the following:

1. Completion of an aerial laser scanning and photometric survey.

This survey has provided high quality aerial photography of current land use patterns and topographic information, to a vertical resolution of approximately 20 cm, over key project areas. This $500,000 project has provided a state-of-the-art data base against which any future mining activities can be benchmarked and future restoration/rehabilitation activities can be measured.

2. Appointment of Agricultural Management Specialists.

An agreement has been reached with Customised Farm Management Pty Ltd (CFM) to provide agricultural management advice, implementation of best land management practices, and expert advice on enhancing crop and farming techniques in order to ensure that agricultural pursuits and yields on any properties subject to future mining activities will not be impacted or that effects can be mitigated to the greatest degree possible. CFM has significant experience in broad acre farm management in northern New South Wales and the Central Queensland Tablelands, including areas in the Emerald - Springsure region.

Read More

IT News

No comments:

Post a Comment