• Dienstag, 23 Juli 2024
  • 00:19 Uhr Frankfurt
  • 23:19 Uhr London
  • 18:19 Uhr New York
  • 18:19 Uhr Toronto
  • 15:19 Uhr Vancouver
  • 08:19 Uhr Sydney

Mosquito Consolidated Gold Mines: U.S. Forest Service Rejects Appeal of Environmental Assessment Permit

17.05.2011  |  The Newswire
Vancouver, Canada, May 17, 2011. (via Thenewswire.ca) - Mosquito Consolidated Gold Mines (TSX.V: MSQ; US OTCQX: MQCMF - "Mosquito" or the "Company") today announced that the U.S. Forest Service, Intermountain Region, has rejected the appeal of the Environmental Assessment for the CuMo Exploration Project. This decision provides authorization for Mosquito to begin its exploratory drilling program in early June 2011 on National Forest land about 14 miles northwest of Idaho City, Idaho .

"We are pleased to be able to move forward with the exploration," said Shaun Dykes, CuMo project manager. "It will provide valuable information about the nature of the mineral deposit and also create at least 50 jobs in the Boise County area throughout the summer. The Forest Service\'s environmental specialists and their consultants have done a very thorough job on the Environmental Assessment. This analysis has reaffirmed that the proposed activities would have no significant impact on the environment, including water resources in the region."

According to Mr. Dykes, "The exploration will be carried out to comply with all of the Forest Service\'s protective requirements. If exploration someday leads to mine development, we intend to carry out substantial restoration work on lands that were already heavily mined in past years by other companies."

Last month, Mosquito announced that the Company\'s preliminary site exploration has determined the potential for six billion tons of rock containing molybdenum, copper, silver and tungsten. This resource estimate, if confirmed by future scientific measurements through exploratory drilling, would be one of the largest concentrations of combined minerals of this type in the world.

CuMo\'s exploration is expected to begin in June 2011 on approximately 2,900 acres of the Boise National Forest. The exploration will involve construction of up to 10.2 miles of temporary roads and up to 137 drill sites.

Since the summer of 2010, when the Environmental Assessment was released for public comment, the CuMo project team has held onsite information sessions with environmental groups, conducted public hearings and established a website for project updates at www.cumoproject.com. Mosquito pledges to continue to work with community, civic and environmental groups to carry out its exploration project within the spirit and letter of the environmental laws. If the exploration proves the feasibility of a mine, the Company will continue to work with all stakeholders to develop a sustainable and potentially beneficial economic project that will bring prosperity for many years to come to the region.

Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., Exploration Manager and Director of Mosquito is the designated qualified person for the CuMo Project, and prepared the technical information contained in this news release.


On Behalf of the Board

MOSQUITO CONSOLIDATED GOLD MINES LTD.

Brian McClay
President



About Mosquito Consolidated Gold Mines

Mosquito Consolidated Gold Mines Limited is a mining exploration and development company with a diverse portfolio of high potential precious and base metals projects, located in low political risk environments in North America. The Company\'s primary focus is developing its Idaho-based CuMo project, one of the world\'s largest molybdenum deposits. For more information about the company, please visit www.mosquitogold.com and www.cumoproject.com



THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX-VENTURE EXCHANGE does not accept responsibility for the adequacy or accuracy of this release.

This news release includes certain statements that express management\'s expectation or estimates of future performance and may be deemed "forward-looking statements". These forward-looking statements include plans, estimates, forecasts and statements as to management\'s expectations regarding the CuMo Project. These forward-looking statements involve assumptions, risks and uncertainties and actual results may vary materially. For these reasons shareholders should not place undue reliance on such forward-looking information.


Copyright (c) 2011 Thenewswire.ca - All rights reserved.

Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
American CuMo Mining Corp.
Bergbau
A1KBFU
CA0253081073

Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.