Business
Blind Creek acquires mining permit and royalty for historic Engineer Gold Mine, northwestern British Columbia
Blind Creek acquires mining permit and royalty for historic Engineer Gold Mine, northweste...
About this update from Blende Silver Corp.
[{"type":"text","content":"\n\n\n\nBlind Creek acquires mining permit and royalty for historic Engineer Gold Mine, northwestern British Columbia\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 16, 2017\n\n\n\nVANCOUVER, Oct. 16, 2017 /CNW/ - (TSX-V: BCK) – Blind Creek Resources Ltd. (\"Blind Creek\" or the \"Company\") is pleased to announce that the Company has received an amended Mines Act Permit from the Ministry of Energy, Mines and Petroleum Resources (\"MEMPR\"), Mines and Mineral Resource Division, that authorises Blind Creek to conduct exploration, underground mining and on-site milling activities at the 100% owned historic Engineer Gold Mine Property, detailed in a renewable Notice of Work and Reclamation Program (\"NOW\"), valid until March 31st, 2020. The permit was amended to reflect the change in ownership of the Engineer Gold Mine Property, situated 32 kilometres southwest of Atlin, B.C., from BCGold Corp. to Blind Creek Resources Ltd. (See Blind Creek News Release dated April 26, 2017)\n\n\n \n \n\n \nEngineer Gold Mine Royalty Acquired by Posting $50,000 Reclamation Bond\n\nBlind Creek is also pleased to announce that by way of a separate agreement, the Company has acquired the right, title, benefit and interest held by Pan Andean Minerals Ltd. (\"Pan Andean\") (formerly known as BCGold Corp.) in and to the 1% Net Smelter Royalty (\"NSR\") over the Engineer Mine Property acquired by Blind Creek earlier this year, by posting a new reclamation bond with the MEMPR in the amount of $50,000 to replace the bond previously provided by BCGold Corp. There are now no underlying royalties for the historic Engineer Gold Mine patented crown grants, previously owned and recently staked contiguous Blind Creek mineral claims at the Engineer Gold Mine Property. \n\nBlind Creek Now Fully Permitted for Exploration, Mining and On-site Gold Production at Engineer Gold Mine\n\nThe amended Mines Act Permit supplements the water discharge permit the Company previously received from the British Columbia Ministry of Environment (See Blind Creek News Release dated Ju...