Southern Empire Revisits Oro Cruz Drilling Plans
Company Announcements

Southern Empire Revisits Oro Cruz Drilling Plans

Southern Empire Resources Corp (TSE:SMP) has released an update.

Southern Empire Resources Corp. is actively reassessing its drilling plans at the Oro Cruz Project after a recent vote by the Imperial County Board of Supervisors overturned a prior approval due to appeals from local groups. Despite initial positive determinations on environmental impact and mitigation measures, the project faces opposition citing concerns over insufficient consultation with the Quechan Tribe. The company is navigating regulatory hurdles and public sentiment to advance its exploration activities in California.

For further insights into TSE:SMP stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App