Pan Asia Corporation Limited Environmental Best Practice at TCM Project
10.09.2012 | ABN Newswire
13:52 AEST Sept 10, 2012 ABN Newswire (C) 2004-2012 Asia Business News PL. All Rights Reserved.Perth, Australia (ABN Newswire) - Pan Asia Corporation Limited (ASX:PZC) is pleased to announce that as part of its ongoing environmental reporting and commitment to meet world's best practice for Environmental & Health Standards, it has completed dry season baseline data collection at its flagship high CV TCM Coal Project in South Kalimantan, Indonesia.
Pan Asia CEO Alan Hopkins said, 'This shows our commitment to bring the TCM project into development while observing best environmental practice'.
The sampling has been conducted by and under the direct supervision of PT Hatfield Consultants who were commissioned by the Company to revise and update the existing TCM AMDAL (Indonesian Environmental Impact Assessment), expected to be completed by March 2013. This environmental survey is being completed to a standard that meets the Equator principles and International Finance Corporation Standards and forms a part of the Company's ongoing commitments for inclusion in the revised AMDAL. Samples were collected over a wide area (as can be seen in the following map) for ambient air, noise, river water, ground water, aquatic biota, fish and soil. Flora, fauna observations and transportation surveys were completed. Socio-economic, cultural and public health surveys were conducted on the Rejosari, Mantewe and Sakadamai Villages, these three villages are situated outside of the concession area. The following photos below show the detailed sampling undertaken.
To view the complete Pan Asia Corporation announcement including Map of Sampling Locations and images, please click the link below:
http://media.abnnewswire.net/media/en/docs/ASX-PZC-603443.pdf
About Pan Asia Corporation Limited:
Pan Asia Corporation Limited (ASX:PZC) is a rapidly growing resource company listed on the Australian Securities Exchange (ASX Code: PZC) with offices in Jakarta, Perth and Sydney.
The Company aims to be a major supplier of key resources into the expanding Asian markets and has a Flagship high CV thermal coal project with an initial significant JORC resource in South Kalimantan (TCM Project). The TCM Project is nearing completion of Feasibility Study (scheduled for early next quarter).
Pan Asia brings together an experienced Board and management team with a proven track record in the identification, funding and development of resources projects around the world.
Contact:
Pan Asia Corporation Limited
T: +61-8-9381-5819
F: +61-8-9388-3701
WWW: www.panasiacorp.com.au