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Bayport Subsidiary Announces Completion of Notice with US Department of the Interior, Bureau of Land Management to Begin Mining WOW Claim, Juab County Utah
Bayport Subsidiary Announces Completion of Notice with US Department of the Interior, Bureau of Land Management to Begin Mining WOW Claim, Juab County Utah.
About this update from Bayport International Holdings, Inc.
[{"type":"text","content":"Bayport Subsidiary Announces Completion of Notice with US Department of the Interior, Bureau of Land Management to Begin Mining WOW Claim, Juab County UtahBayport International Holdings, Inc. (PINKSHEETS: EXTO) is pleased to announce that its wholly-owned subsidiary Cosmic American Rare Earth (CARE), Inc. has received notification from the US Department of Interior, Bureau of Land Management (BLM) that its file number S/023/0110 is complete and contains all information required by BLM surface management regulations at 43 CFR 3809.5.The Notice proposes excavation of up to six trenches no more than 14 feet in diameter, no more than 100 feet in length individually, and up to 5 feet deep, and a series of small 2-foot deep auger holes in an ephemeral stream channel, using up to 1700 feet of cross country travel. The project is located at T. 14 S., R. 02 W., sections 05, 06, and 08. The proposed operation was reviewed by various resource specialists who have determined the operation, as proposed, will not cause unnecessary or undue degradation as defined under 43 CFR 3809.5.The Utah Division of Oil, Gas and Mining is the governing body responsible for regulating the exploration and development of coal, oil and gas, and other minerals in a manner which encourages responsible reclamation and development. This division is under the State of Utah Department of Natural Resources within the United States Department of the Interior Bureau of land Management (BLM).The company filed with the BLM the required Plan of Operations, Reclamation Plan, Interim Management Plan, Monitoring Plan, and Finance Assurance Plan. No Environment Analysis was required, but Environmental Performance Standards were addressed within their Plan of Operations addressing how they would conquer all air, water, and discharge of pollutants into ground water issues to include resolving any other environmental issues. The WOW claims are located near the primary support city of Nephi in Juab County, Utah.BLM has calculated a reclamation cost estimate and consulted with Utah Division of Oil, Gas and Mining (UDOGM) on the financial guarantee. BLM has determined that the amount of $7,900.00 is sufficient to meet all anticipated reclamation requirements on lands administeredby the BLM. The amount of the reclamation cost estimate was based on the op...