Fairmont Submits WSP Reports, Awaits Final Permit For Extraction
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 15, 2014) - Fairmont Resources Inc. (TSX VENTURE:FMR) (PINKSHEETS:FRSSF) (FRANKFURT:F0O1) ("Fairmont") is pleased to announce that it has submitted the final documents requested by the Ministère du Développement durable, de l'Environnement et des Parcs (MDDEP) with respect to the extraction permit at the Buttercup Property.
WSP Canada Inc., formerly Genivar has been engaged and has completed additional site, hydrological and biological work requested by the (MDDEP). These documents have been submitted to the MDDEP and the company expects a decision on the permit in the coming weeks.
The Engineering plans that, found at the link below, provide information including Site Location, Hydrology, Protected Areas, Preparation, Exploitation, and Restoration.
Buttercup Engineering Plans
http://fairmontresources.ca/pdf/20140915ButtercupEngineering.pdf
"We continue to meet milestones on the path to receiving the extraction permit for Buttercup" stated Michael Dehn, Fairmont's President and CEO. "In anticipation of receiving the extraction permit, Fairmont has completed the access road to the Buttercup site, and expects to be able to announce additional work commencing at the Buttercup site shortly".
About Fairmont
Fairmont's Quebec properties cover numerous occurrences of high-grade titaniferous magnetite with vanadium. Where these occurrences have been tested they have display exceptional uniformity with respect to grade. These occurrences are of considerable interest due to their proximity to tide water, with the Grand Anse Sea Terminal at the Port of Saguenay located within 100km of all of Fairmont's properties.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Fairmont cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Fairmont's control. Such factors include, among other things: risks and uncertainties relating to Fairmont's exploration program of its mineral properties and Fairmont's limited operating history. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Fairmont undertakes no obligation to publicly update or revise forward-looking information. Except as required under applicable securities legislation, Fairmont undertakes no obligation to publicly update or revise forward-looking information.
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