IC Potash Corp. (TSX:ICP,OTCQX:ICPTF) obtained a Jurisdictional Determination from the US Army Corps of Engineers (Corps) for its Ochoa Potash Project in New Mexico. The Jurisdictional Determination confirms that there are no Waters of the United States on the Ochoa project and the Corps determined that obtaining federal permits relating to water will not be required.
As quoted in the press release:
The Corps determined that the Project area is comprised entirely of uplands and upland drainage, therefore seeking certain federal permits relating to water will not be required.
Given its determination that ICP’s polyhalite mining and processing operations, currently in the advanced development phase, will not impact U.S. waters, the Company will not require the Corps’ authorization to proceed with constructing the mine and processing plant, nor will it be subject to ongoing monitoring once in commercial operations.
IC Potash Corp. President and CEO, Sidney Himmel, said:
This Jurisdictional Determination by the Corps represents a significant development for ICP, ultimately saving us considerable time, cost and manpower in the overall permitting process for our Project.
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