Nextsource Materials Inc (NSRCF)

[checkmate28]

Spartex Lets try this again. Hopefully you are mistaken and not trying to mislead here.

"DNI" is pleased to announce that it has been granted full commercial PE Mining Licence. This is the highest level permit to mine given by Madagascar. See chart on link below.

Show me where Next has a full PE permits. I just scoured dozens of NEXT ENZR press releases where they use these words: applying, initiated, submitted, waiting, raising money and now hope, but nowhere can I find they have a full PE mining permit renewable every 40 years issued to NEXT. It Was entertaining to see also the PP fundraisings for the process that is nothing more than a few filing fees, some paperwork and a few studies. DNI Metals did this when they had little money and did not dilute.


DNI Metals Receives Full Mining Permits for its Graphite Project in Madagascar

TORONTO, July 22, 2015 /CNW/ - DNI Metals Inc. "DNI" is pleased to announce that it has been granted full commercial Mining Licence ("Permis de Exploitation" or "PE") over its Vohitsara graphite project in Madagascar. Originally an artisanal mining permit ('PRE') at the time of the transaction, the Mining permit was granted by the Madagascar Minister for Mines through the national mining cadastre office ("Bureau du Cadastre Minier de Madagascar" or "BCMM").

The BCMM is the government agency responsible for administrative oversight of all mining tenements in Madagascar.

The obtaining of a full PE marks a significant milestone for DNI in Madagascar; as it allows DNI to move to full commercial production at its option, subject to completion / fulfillment of the requisite environmental impact and social responsibility ("EIE" & "CSR") studies and obligations.

Neither of these requirements are onerous and DNI will be moving to fulfill these requirements concurrent with its upcoming fast-track exploration and development programme for the Vohitsara Project.

DNI's Mining (PE) Licence has a term of 40 years and is fully renewable. The following table sets out the license types in Madagascar.

See link for this with Madagascar permitting chart showing what permit allows what.

http://www.newswire.ca/news-releases/dni-metals-receives-full-mining-permits-for-its-graphite-project-in-madagascar-518104031.html