Canadian Company Gets Licences to Mine For Gold, Copper in St Catherine

April 22, 2017 JA-Blogz News Team

A Canadian company has received permission to mine for copper and gold in Jamaica, according to a mining ministry release.

According to The Observer, Mining Minister – Mike Henry disclosed that seven special exploration and processing licences previously held by Oz Minerals had been handed over to the company, which will now exercise 100 per cent ownership of over 11 licences covering approximately 535 square kilometres in Jamaica.

The aforementioned release states that the licences allow Carube to now move forward with “aggressive exploration programmes of the flagship Bellas Gate Project”.

Minister Henry is also quoted as stating that Carube Copper has at its disposal a $14 million data package from Oz Minerals plus C$1.6 million financing to immediately kick-start its operations in Jamaica.

President and Chief Executive Offcer of Carube Copper, Jeff Ackert also reportedly stated that significant copper and gold systems were expected to exist at Bellas Gate.

Bellas Gate – St Catherine – Painting by **Shaun Reid**

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