Calico Resources Advances Permitting at Grassy Mountain Gold Project

Calico Resources Corp. (TSXV:CKB) announced that it’s made “significant advancements” in permitting at its Oregon-based Grassy Mountain gold project. The advancements were made on two different fronts.
As quoted in the press release:

In a letter dated January, 20, 2016, the State of Oregon Technical Review Team (TRT) under the direction of the Oregon Department of Geology and Mineral Industries (DOGAMI) has determined that the baseline data submitted by Calico is complete and may be used by Calico to support both the consolidated application and environmental evaluation.
Furthermore, in a letter dated November 10, 2015, the United States Bureau of Land Management (BLM) has determined that Calico’s Revised Plan of Operations (Plan) at Grassy Mountain is complete. This means that Calico can now proceed with conducting the necessary National Environmental Policy Act (NEPA) activities required to complete the application without submitting a reclamation bond at this time. When the NEPA process is finalized, the Company must submit a detailed reclamation plan. Once the reclamation bond has been determined by the BLM and Calico has submitted a financial guarantee, the Company can begin project construction. The Plan will be considered complete and authorized when the NEPA process is finalized and the reclamation bond submitted.

Paul Parisotto, president and CEO of Calico, commented:

Completing the baseline data has cleared a major hurdle in meeting the requirements of the State’s Division 37 Chemical Process Mining Permit for hardrock mines. It is the farthest any major hardrock mining permit has progressed since the inception of the 1993 Division 37 regulations. What we have demonstrated is that the process works and the State is able and willing to move forward with well-designed, environmentally-responsible mining projects. Calico has now entered the consolidated application phase of Division 37 and we intend to submit a completed application during the 3rd Quarter of 2016.

Click here to read the full Calico Resources Corp. (TSXV:CKB) press release.