WHEN WILL MINING BEGIN?

WHEN WILL MINING BEGIN?

Published on November 29, 2017

 

Midas Gold Idaho wants to keep the community informed about the work we are doing at the Stibnite Gold Project site. The Ask Midas blog series gives the experts in our company a chance to answer some of the community’s most frequently asked questions and help clear up any misconceptions around the project.

I’m Kyle the environmental superintendent for Midas Gold. In this week’s blog, I want to address a question I get asked a lot:

WHEN WILL MIDAS GOLD IDAHO BEGIN MINING?

We are still a few years away from mining the Stibnite Gold Project site and a lot still needs to happen before mining can begin. In order for the project to start, we will have to get all of our permits and set aside the money needed for reclamation bonding.

Midas Gold is well into the permitting process. We submitted our Plan of Restoration and Operations, commonly referred to as the PRO, to the U.S. Forest Service in September of 2016. It was declared adequate in December 2016 and, this summer, the agency gathered feedback from the public in order to determine how to evaluate the plan under the National Environmental Policy Act (NEPA).  Today, the U.S. Forest Service and other cooperating agencies are carefully reviewing and analyzing our plan for the project and possible alternatives. Once they are finished with this review, they will issue a draft plan for public comment and, subsequently, a final plan and Record of Decision. After the company receives a final Record of Decision and necessary permits, and puts up the required reclamation bonding, we will able to begin site restoration and building the project.

If you have a question you would like us to answer, please email it to [email protected].

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