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Calico Resources Advances in Permitting Stage for Grassy Mountain

Investing News Network
Jul. 11, 2012 09:55AM PST
Gold Investing

Calico Resources Corp. (TSXV:CKB,OTCQX: CVXHF) announced that Calico Resources USA Corporation completed their first significant permitting advance in the State of Oregon, with a “completeness determination” on a Notice of Intent to conduct mining operations on patented land at the Grassy Mountain Project.

Calico Resources Corp. (TSXV:CKB,OTCQX: CVXHF) announced that Calico Resources USA Corporation completed their first significant permitting advance in the State of Oregon, with a “completeness determination” on a Notice of Intent to conduct mining operations on patented land at the Grassy Mountain Project.

As quoted in the press release:

The Calico Grassy Mountain Project is the first mining proposal in Oregon since 1995 to file and receive approval of a Notice of Intent under Division 37, Chemical Process Mining (632-037000059) This consolidated process is designed to effectively implement the provisions of Chapter 735, 1991 Oregon Laws, which address obtaining permits necessary to operate a chemical process mine.

Calico President and CEO Buck Morrow said:

“This is a major step in a series of permitting requirements to open an underground mine and processing facility at the Grassy Mountain site. The Department of Geology and Mineral Industries (DOGAMI) will now move ahead with the Division 37 permitting process by activating the Technical Review Team and a Project Coordinating Committee to implement a consolidated permitting process. We have worked very closely with DOGAMI, other state agencies and the BLM to accomplish this permitting milestone.”

Click here to read the Calico Resources (TSXV:CKB,OTCQX:,CVXHF) press release
Click here to see the Calico Resources (TSXV:CKB,OTCQX:,CVXHF) profile

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