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Dominion Diamond's Ekati Water License Now Includes the Jay Project

Charlotte McLeod
May. 30, 2017 09:18AM PST
Gem Investing

Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) announced that the Wek’èezhìi Land and Water Board (WLWB) has amended the Type A Water License for the Ekati diamond mine; it now includes the Jay project.

Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) announced that the Wek’èezhìi Land and Water Board (WLWB) has amended the Type A Water License for the Ekati diamond mine; it now includes the Jay project.
As quoted in the press release:

The WLWB has recommended that the amended Water Licence be approved by the Minister of Environment and Natural Resources, Government of the Northwest Territories, the Honourable Robert C. McLeod.
The Jay project is located in the Buffer Zone Joint Venture in which the Company has a controlling interest. Jay was approved for construction by the Company in July 2016 and is a significant undeveloped deposit given its large size and high grade.

Jim Gowans, chairman of Dominion’s board of directors, commented:

We appreciate the work of the WLWB in continuing to advance the Jay project through the permitting process, and we look forward to final Ministerial approval and receipt of the Water Licence. The Jay project is a platform for future growth at Ekati, extending the mine life to 2033, and is part of our overall growth pipeline that will deliver benefits to our many stakeholders.

Click here to read the full Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) press release.

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