Overview:
The Company’s main objective is to qualify the Treasure Mountain Project for a 36,000 tons per year mine/mill permit so that, subject to consultation with First Nations, economic viability and financing, the project can proceed to production. To that end, AMEC Earth & Environmental, Entech Environmental Consultants and Jasman Yee & Associates are currently conducting investigations to assess operational and environmental issues. A NI 43-101 mineral resource assessment is being carried out by Erik Ostensoe, P.Eng. These are technical studies only and warrant no presumptions as to the economic viability of the project. The scope of these studies is defined by current mine permit regulations as administered by the Ministry of Energy, Mines and Petroleum Resources, the Ministry of Environment and other government agencies.