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American CuMo Mining Receives Supplemental Environmental Assessment for CuMo Exploration Project

Investing News Network
Aug. 19, 2013 01:43PM PST
Industrial Metals Investing

American CuMo Mining Corporation (TSXV:MLY,OTCQX:MLYCF) announced that the U.S. Forest Service (USFS) has released its Supplemental Environmental Assessment (EA) regarding the CuMo Exploration Project in Idaho. The report will enable fulfillment of a federal judge’s order to carry out studies necessary for completion of the exploration phase of the CuMo Project.

 American CuMo Mining Corporation (TSXV:MLY,OTCQX:MLYCF) announced that the U.S. Forest Service (USFS) has released its Supplemental Environmental Assessment (EA) regarding the CuMo Exploration Project in Idaho. The report will enable fulfillment of a federal judge’s order to carry out studies necessary for completion of the exploration phase of the CuMo Project.

As quoted in the press release:

The new report demonstrates that by following proper procedures, the exploration program can avoid or mitigate groundwater quality impacts – a key consideration for the federal district court.

The Supplemental EA study resulted from an August 2012 decision rendered by Federal District Court Judge, Edward Lodge, in response to litigation filed by environmental groups challenging the U.S. Forest Service’s Environmental Assessment process and its Finding of No Significant Impact relative to the CuMo Exploration Project. While Judge Lodge affirmed the Forest Service process and denied four of the five claims in the litigation, the fifth claim regarding deficiencies in groundwater analysis was remanded to the USFS for further clarification.

American CuMo Mining Corporation Chief Executive Officer, Shaun Dykes, said:

While the 2011 EA did include groundwater data related to the CuMo Project exploration, it needed to be presented in a more comprehensive manner in the document prepared by the Forest Service. In addition, more current information was presented on wildlife and plant resources within the study area so that this assessment will be an up-to-the-minute analysis. We are pleased with the extraordinarily high level of effort the USFS put into its rigorous environmental review. They left no stone unturned and held us to the highest standards. That fits perfectly with this company’s commitment to environmental excellence. The release of the Supplemental EA is positive step in a transparent and ongoing public process.

Click here to read the American CuMo Mining Corporation (TSXV:MLY,OTCQX:MLYCF) press release

See this press release on Marketwire
Click here to see the American CuMo Mining Corporation (TSXV:MLY,OTCQX:MLYCF) profile

otcqx:mlycf tsxv:mly americn cumo mining corp
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