AIM-listed gold and copper exploration company Bezant Resources is still awaiting final approvals from provincial authorities for its wholly-owned Eureka Project, located in the province of Jujuy, north-west Argentina.

Environmental Impact Assessment approval is needed to ensure that the project's existing licences meet relevant criteria for exploration under local and federal law. The approval will also enable Bezant to proceed with the next phase of its initial exploration work programme.

The group stated that authorities' approvals process in the Jujuy Province "is anticipated to resume shortly, following the recent summer recess" and added that a further update would be provided in due course.

Bezant's share price was down 3.48% to 24.25 pence at 08:17 on Wednesday morning.

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