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Aquila Resources Inc.
Summary
| Project: | Back Forty | |
|---|---|---|
| Deposit: | Back Forty | |
| Location: | United States | |
| Commodities: | Gold-Zinc | |
| Date: | 12/29/2016 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 29-12-2016: Aquila Resources Inc. announces an EIA/ESIA report for its Back Forty deposit at the Back Forty project. Mine and Air permits issued for Back Forty project (incl. EIA). TORONTO, ON – December 29, 2016 ‐ Aquila ResourcesInc. (TSX: AQA) (“Aquila | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Thomas O. Quigley (Internal) | |
| ABSTRACT: | TORONTO, ON – December 29, 2016 ‐ Aquila ResourcesInc. (TSX: AQA) (“Aquila”), announced today that it has received two final permits from the Michigan Department of Environmental Quality for its zinc‐ and gold‐rich Back Forty Project. The final Nonferrous Metallic Mineral Mining (“Mining Permit”) and Michigan Air Use Permit to Install were issued by the Department of Environmental Quality in Michigan following a public comment period that ended November 3rd, 2016. “This milestone is a fitting end to a year where we made considerable progress at Back Forty that included the discovery of a new mineral zone, improvements in our metal recoveries and the strengthening of our local team,” said Barry Hildred, CEO of Aquila Resources. “We would like to commend the State of Michigan for its efforts in completing the permitting process in a rigorous and transparent manner. We believe that their decision to grant final permits reflects Michigan’s commitment to responsible and sustainable resource development that benefits all stakeholders.” The Mine Permit Application (“MPA”) included Aquila’s plan for mining, management of tailings and waste rock, reclamation, monitoring, contingency plan and plan for financial assurance. The MPA also contained a detailed Environmental Impact Assessment supported by over two years of baseline studies on environmental and cultural resources. The MPA review process and permit decisions were completed in conformance with Part 632 of Michigan’s Natural Resources and Environmental Protection Act which regulates nonferrous metallic mineral mining in the State of Michigan. | |
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