Klondex Mines Starts Construction Tailings Expansion at Midas

Klondex Mines Ltd. (TSXV:KDX,OTCMKTS:KLNDF) announced that it received the required permits for the tailings expansion at its Midas project and has begun construction.
As quoted in the press release:

The Nevada Division of Environmental Protection, Division of Water Resources, has granted the final permit for expansion of the Midas tailings impoundment. This permit acquisition allows Klondex to construct the Phase VI raise to the tailings impoundment, to a maximum elevation of 5,680 feet above mean sea level, adding approximately 400,000 tons of tailings capacity.
Klondex has contracted NewFields Engineering and Remington Construction to complete the raise. The raise is an engineered reinforced concrete wall, that when coupled with the existing tailings, will provide Klondex with approximately 900,000 tons of tailings capacity at Midas. Construction is expected to be completed in the fourth quarter of this year.

Brent Kristof, CEO of Klondex, commented:

The tailings expansion permit is an important milestone in our long-term planning for Midas and Fire Creek. The expansion will provide Klondex with a timeline to be able to build a second tails dam at the Midas property. Studies to design, permit and construct a new, long term tailings facility have been initiated. Also, I’d like to thank the environmental team, for delivering the second major permit to Klondex within a month. The Water Pollution Control Permit at Fire Creek, and Tailings Expansion permit at Midas are key to supporting our long-term growth plan.

Click here to read the full Klondex Mines Ltd. (TSXV:KDX,OTCMKTS:KLNDF) press release.