(TheNewswire)
May 17, 2022 – TheNewswire - Jervois Global Limited (“ Jervois ” or the “ Company ”) (ASX:JRV)(TSXV:JRV) (OTC:JRVMF) is pleased to announce US$150,000 funding forthree restoration projects through a partnership between 100% ownedUnited States subsidiary Jervois Mining USA Limited and IdahoConservation League (“ ICL ”), which is now in its secondyear.
ICL and Jervois created the Upper Salmon ConservationAction Program (“ USCAP ”) in March 2021 to support protectionand restoration of fish and wildlife habitats, including water qualityand biodiversity within the Upper Salmon River basin. Jervois iscontributing US$150,000 to the USCAP partnership each year throughoutthe operational life of its Idaho Cobalt Operations (“ ICO ”) in LemhiCounty, Idaho.
ICL and Jervois have reviewed 2022 fundingapplications, which led to a significant number of competitiveapplications for worthy environmental projects in the Upper SalmonRiver basin. As a result, the USCAP has awarded US$75,000 to the IdahoDepartment of Fish and Game towards a larger project in collaborationwith the Salmon-Challis National Forest. The project aims to removetwo problematic culverts blocking fish access to an importanttributary of the Salmon River, which will allow Endangered Species Act (“ ESA ”) listed fish species back into a 10-mile section of primeriver habitat.
USCAP also selected White Clouds Preserve(“ WCP ”) to receive US$60,000 funding to expand ongoing riparianrestoration work initially funded by Jervois in USCAP’s 2021 fundingcycle (when the WCP received and spent US$35,000 on the sameprograms). The nonprofit manages 432 acres along the East Fork of theSalmon River, an important habitat for ESA-listed Chinook salmon,steelhead and bull trout.
In 2022, Western Rivers Conservancy (“ WRC ”) will receiveUS$15,000 from USCAP to assist with the acquisition of a key parcel ofland along Panther Creek, a major tributary of the Salmon River. This is on top of the US$30,000 donated for 2021, again also forland acquisition along Panther Creek.
Jervois’ ICO is expected to commence production in Q32022 and reach sustainable commercial production by the end ofDecember 2022. Once operational, it will be the only domestic UnitedStates’ mine supply of cobalt.
The next call for proposals for the 2023 USCAP fundingcycle will be announced in Q1 2023.
About Idaho Conservation League(ICL)
ICL is Idaho’s leading voice for conservation — forthe clean water, clean air, special places, and fish and wildlife thatmake Idaho’s exceptional quality of life possible. ICL participatesin collaborative projects and partnerships across the state to helpdevelop and implement policies that help restore and sustain Idaho’sclean air, clean water, public lands, fish and wildlife, and thecommunities that depend on them.
On behalf of Jervois Global Limited
Bryce Crocker, Chief Executive Officer
For further information, please contact:
Investors and analysts: James May Chief Financial Officer Jervois Global | Media: Nathan Ryan NWR Communications nathan.ryan@nwrcommunications.com.au Mob: +61 420 582 887 |
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.
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