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Margaux Resources Ltd. Submits Application for Regulatory Approval of Jersey-Emerald Tungsten Tailings Bulk Sample; Announces Appointment of New CFO
Calgary, Alberta--(Newsfile Corp. - February 7, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OT...
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[{"type":"text","content":"Margaux Resources Ltd. Submits Application for Regulatory Approval of Jersey-Emerald Tungsten Tailings Bulk Sample; Announces Appointment of New CFOCalgary, Alberta--(Newsfile Corp. - February 7, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (\"Margaux\" or the \"Company\") is pleased to report that it has submitted a joint application to the British Columbia Ministry of Energy, Mines & Petroleum Resources, and the Ministry of Environment & Climate Change Strategy, for a Permit under the BC Mines Act to undertake a Bulk Sample of up to 10,000 tonnes of historic tailings from the historic Jersey-Emerald mine (\"Bulk Sample\"), in southeastern BC. Bulk Sample ApplicationThe application is for a 10,000 tonne Bulk Sample of the brownfield historical tungsten tailings, to assess the viability of remediating the tailings site, and the potential to economically produce a marketable mineral concentrate from the entirety of the estimated 1.4 million tonne tailings deposit. The Bulk Sample will provide critical analysis of the recoverable minerals, the composition of the remaining bulk material, and the pathways to recycling and remediation. Figure 1: Aerial view of the Jersey-Emerald tungsten tailings pileTo view an enhanced version of Figure 1, please visit: http://orders.newsfilecorp.com/files/2958/32645_a1517961848943_22.jpgFigure 2: Surface of the Jersey-Emerald tailings pile taken during the lab-scale testingTo view an enhanced version of Figure 2, please visit: http://orders.newsfilecorp.com/files/2958/32645_a1517961849349_64.jpgAs previously announced, Margaux is working with the Salmo Watershed Streamkeepers Society (\"Streamkeepers\"), to explore sustainable economic and environmental solutions for historic tailings, with an initial focus on the tungsten tailings from the Jersey-Emerald mine (see the Company's press release of August 18, 2017). This unique partnership is driven by a vision to be leading and responsible providers of successful, resource-based opportunities for all our stakeholders. The Bulk Sample project will also contribute to the process of gathering expertise, technological insights, and a pool of local resources to advance this, and future projects. \"This submission represents a key step in furthering the tailings initiative with Streamkeepers,\" said Tyler Rice, Margaux's President and ...