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Giant arctic gold mine takes one step closer

Posted by ipso facto @ 9:59 on September 27, 2016  

TMAC Resources Inc. (TSX:TMR) announced on Monday that Canada’s Nunavut Impact Review Board has okayed an amended mining plan for the company’s Doris North gold mine, the first stage of its Hope Bay project.

Toronto-based TMC said the receipt of the amended Project Certificate No. 003 for a much larger mine than previous owners of the property envisaged marks the completion of the NIRB process and that the agency now transitions to a monitoring role.

The water board of the northern Canadian territory is progressing with a related amendment to the water license for the Doris Mine according to TMAC’s statement:

Giant arctic gold mine takes one step closer

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.