Adriana Resources Inc. is pleased to announce that we have received the IT Environmental Permit for our iron ore port development project located in Sepetiba Bay, approximately 70 kilometers west of Rio de Janeiro, Brazil.
The development will result in a deep sea port with an export capacity of 45 million tonnes per year. Allen J. Palmiere, President and CEO of the Company stated, “We are very pleased to have received the permit for our port facility and to have achieved this major milestone. It was a lengthy process, but we were confident that our team in Brazil would be successful in satisfying the technical and environmental requirements of the State of Rio de Janeiro and now that we have received it we look forward to advancing the project and creating value for all stakeholders. Our Director of Port Development, Mr. Guilherme de Andrade is a critical member of our team and I am grateful for his relentless efforts to obtain the permit”.
Adriana will focus on developing strategic relationships with third parties to maximize the potential of the deep sea port. We will be creating employment opportunities and facilitating export opportunities for mining companies with iron ore properties in the Minas Gerias region of Brazil.
( adrianaresources )
[mappress]
Source: adrianaresources, September 15, 2010;