Ivernia’s Wholly-Owned Magellan Metals Provides Comment on Western Australian Government’s Response to Parliamentary Inquiry Report
Published December 3rd, 2007
Ivernia Inc.’s (TSX:IVW) wholly-owned subsidiary, Magellan Metals, today issued the following media release:
PERTH - December 3, 2007 - Magellan Metals (”Magellan”) has reviewed the Western Australian Government’s response to recommendations in the Parliamentary Inquiry report in relation to the cause and extent of lead pollution in the Esperance area.
Magellan believes the response is fair and balanced and provides a practical way forward for all parties affected by the pollution at Esperance.
Magellan would like to comment as follows:
- It is committed to maintaining its longstanding policy of co-operation and transparency in its relationships with stakeholders - including the community of Esperance and regulators.
- It continues to seek meaningful and appropriate ways in which it can make a positive contribution to the community of Esperance.
- It welcomes the Government’s projection of March/April 2008 for the removal of the concentrate currently being held in a storage shed at the Port of Esperance.
In conclusion, Magellan believes that action already taken by Government agencies as a result of the inquiry, or in the process of being implemented, will lead to stronger systems for the handling and transport of heavy metal concentrates in WA, and for the monitoring of those systems.
The Government’s response is available on the Ivernia website at www.ivernia.com.
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