Exploration approved for Cerrado Verde

Brazil’s National Department of Mineral Production (DNPM) has approved the final exploration reports for mineral tenements necessary for Verde Potash’s mine plan.
This approval represents a notable milestone as the project advances through the Brazilian permitting process.
The DNPM has approved the technical report for mineral tenements which include the entirety of the Cerrado Verde mine pit.

The approval of the exploration report allows the Company to submit an Economic Development Plan. Verde has filed the PAE application as well as the application to receive its mining concession for its mineral tenements.

“We are pleased that the DNPM has approved the final exploration reports for these mineral tenements,” said President and CEO, Cristiano Veloso. “This is an important permitting milestone that advances us towards receipt of a mining concession (Portaria de Lavra) and thus further de-risks the mining side of the project.”
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