Anfield Nickel Corp. (TSX VENTURE:ANF) is pleased to announce that the Guatemalan government has granted Anfield’s wholly-owned Guatemalan subsidiary, Mayaniquel S.A., an exploitation license for the Sechol area of its 100% owned Mayaniquel nickel laterite project in eastern Guatemala.
The exploitation license grants the Company the right to mine all of the nickel and iron mineralization contained within the exploitation licence area. The license has an initial term of 25 years with an option for the Company to extend the license for another 25-year period at the end of the first term.
The permitting process for the Sechol exploitation license was managed by the Guatemalan Ministry of Energy and Mines and involved an in-depth and rigorous review from several different Guatemalan governmental agencies over a period of two years.
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We acknowledge the [financial] support of the Government of Canada.