Aion Mining reports significant progress in civil earth movement contract with completion reaching 88% and facilities works. Noteworthy achievements include the movement of approximately 10,170 m3 of earth material, the profiling of 1,929 m2 of slope, and the conformation of 2,091 m2 of the final platform at an elevation of 409 meters above sea level These surface works for platform development have started to expose key coal seams on the project.
President,
In facilities development, certification from the military explosives unit has been obtained for the recently constructed powder magazine. Initiatives to enhance the project's water and electricity infrastructure have commenced. Additional progress includes the expansion of core shack, office space, septic systems, constructed with local workforce, suppliers, and materials.
Aion Mining emphasizes its commitment to environmental compliance of its environmental license, evidenced by the planting of 70 native trees and community engagement with ongoing events and social sharing spaces and the collaboration with local, regional, and national entities.
Extension to Aion Mining LOI
The Company entered into an extension agreement (the 'LOI Extension Agreement ') in respect of the previously announced non-binding letter of intent (the 'LOI ') with
The Company would like to correct the number of shares issued to settle aggregated debts owing to certain creditors announced
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In addition, the Company holds a 20% interest in
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Email: info@benjaminhillmining.com
Forward-Looking Statements
Certain of the statements made and information contained herein may contain forward-looking information within the meaning of applicable Canadian securities laws. Forward-Looking information includes, but is not limited to, information concerning the Company's intentions with respect to the development of its mineral properties. Forward-Looking information is based on the views, opinions, intentions and estimates of management at the date the information is made, and is based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated or projected in the forward-looking information (including the actions of other parties who have agreed to do certain things and the approval of certain regulatory bodies). Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws, or to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities. The reader is cautioned not to place undue reliance on forward-looking information. We seek safe harbor.
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