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Constitutional Court Ruling Allows Continuation of The Environmental Consultation Process for Atico’s La Plata Copper-Gold Project in Ecuador

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VANCOUVER, British Columbia, Nov. 20, 2023 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) reports a significant development in Ecuadorian environmental regulation, positively impacting our operations and those of other productive projects nationwide.

On November 17 2023, the Ecuadorian Constitutional Court (CC) ruled on the unconstitutionality of Executive Decree 754, regarding the Environmental Consultation Process (ECP) for national projects. However, the CC has decided to maintain the decree in force until the Ecuadorian National Assembly enacts this procedure into Organic Law. This decision comes as a crucial step before the Ministry of Environment, Water, and Ecological Transition (MAATE) can issue environmental licenses.

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2023-11-20 08:15:29

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