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zinc investing

Aquila Provide Update on Back Forty Wetlands Permit Application

Written by Scott Tibballs
|
May. 04, 2018 08:52AM PST

Aquila Resources have announced that the United States Environmental Protection Agency has provided supplementary comments to the Michigan Department of Environmental Quality regarding the company’s wetland/stream/floodplain permit application for its Back Forty Project in Michigan.

Aquila Resources (TSX: AQA) have announced that the United States Environmental Protection Agency has provided supplementary comments to the Michigan Department of Environmental Quality regarding the company’s wetland/stream/floodplain permit application for its Back Forty Project in Michigan.

The Back Forty Project is a development-stage project delineating a zinc and gold rich volcanogenic massive sulfide deposit located along the mineral-rich Penokean Volcanic Belt in Michigan’s Upper Peninsula.

As quoted in the press release:

Previously on March 8, 2018, the EPA provided comments to the MDEQ requesting additional information and clarification concerning certain issues related to the company’s wetlands permit application.

The company is pleased to report that, in a letter addressed to the MDEQ dated May 3, 2018, the EPA has confirmed that a number of objections identified in the March 8, 2018 letter have been resolved. Further, the EPA believes there is a ready pathway for the resolution of the EPA’s remaining objections through MDEQ’s inclusion of specific conditions in a final wetlands permit. Aquila has reviewed the proposed permit conditions and is confident that the conditions can be readily met.

The MDEQ and Aquila have until June 6, 2018 to ensure that the proposed permit conditions fully address the EPA’s objections. The company will continue to work with the MDEQ in order to completely satisfy all requirements of both the State and Federal wetland and stream protection statutes and believes all other related issues have largely been reviewed. The company is confident that it can work with the MDEQ within the prescribed timeframe.

Click here to view the full Aquila Resources (TSX:AQA) press release.

tsx:aqa united states aquila resources zinc investing sulfide deposit
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