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McEwen Mining Reaches Permitting Milestone at Gold Bar Project
McEwen Mining Inc. (TSX:MUX,NYSE:MUX) announced that it has reached a “critical step” in the permitting process for its Nevada-based Gold Bar project. The company is on track to start mine development at the project this quarter.
McEwen Mining Inc. (TSX:MUX,NYSE:MUX) announced that it has reached a “critical step” in the permitting process for its Nevada-based Gold Bar project. The company is on track to start mine development at the project this quarter.
As quoted in the press release:
On October 6, 2017, the Environmental Protection Agency (EPA) published a Notice of Availability of the Final Environmental Impact Statement (EIS) in the Federal Register. Following a regulated review period, a signed Record of Decision will be published, signifying the completion of the National Environmental Policy Act. (NEPA) process. The Record of Decision is expected in early November this year and development of Gold Bar is planned to begin upon receipt.
Rob McEwen, chairman and chief owner at McEwen Mining, commented:
This is a key permit milestone for our Gold Bar Project, that once constructed is projected to produce 65,000 ounces of gold per year starting in 2019. This achievement was a team effort that required the coordination and commitment from our staff, the BLM, Eureka County Board of Commissioners, and many other Cooperating Agencies.
Click here to read the full McEwen Mining Inc. (TSX:MUX,NYSE:MUX) press release.
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