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Kylylahti Environmental Permit Granted

Thursday, December 20th, 2007

Vulcan Resources Limited is pleased to announce that it has received approval for mining and processing operations at the Company’s Kylylahti mine site in Finland.
The Eastern Finland Environmental Permitting Authority granted the Environmental Permit to Vulcan’s operating subsidiary, Kylylahti Copper Oy. The terms and conditions attached to this permit are standard for operations of this nature in Finland.
Vulcan recently announced the grant of a Mining Licence for the Kylylahti Project. Vulcan has applied for a Building Permit and other local authority approvals for the Kylylahti site. Permitting of the concentrate processing facility at the Siilinjärvi industrial site is still in progress.
Vulcan’s Managing Director, Dr Alistair Cowden, said this milestone represented a very positive step towards the commercialisation of Kylylahti.
Vulcan recently extended the Definitive Feasibility Study on the Kylylahti Project to undertake an optimisation of capital and operating costs, to consider throughput levels and to consider modifications to processing flow sheets.
The review is proceeding well and is expected to be completed at the end of the first quarter 2008.
For further information visit: www.vulcanresources.com.au

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