Big North Graphite Corp. (TSXV:NRT,OTC:BNCIF) announced that it plans to reactivate all permits needed to re-start operations at its El Tejon flake graphite mine and mill located in Mexico. The permitting consultants engaged to start the process, Gestion Ambiental Omega SC, expect to have all permits in place within roughly six months.
As quoted in the press release:
Further, Big North Graphite has been informed that maintenance and repair work to the El Tejon mill can begin immediately. The Company recently announced that, according to Tetra Tech, the first line at El Tejon can be refurbished in approximately 6 months and would require approximately $2.25 million USD to complete (see News Release of August 14, 2014).
Big North president and CEO, Spiro Kletas, said:
We are pleased to welcome Gestion Ambiental Omega’s expertise to this very important aspect in Big North’s progress and development. This is a very important step towards our goal of becoming one of the first TSXV listed companies to produce and sell flake graphite. The projected timeframe fits well with Tetra Tech’s estimate of 6 months to refurbish Line 1 of the mill.
Click here to read the Big North Graphite (TSXV:NRT) press release
Click here to see the Big North Graphite (TSXV:NRT) profile.
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