Business
Encanto announces commencement of environmental assessment process
TRADING SYMBOL:  TSXV: EPO VANCOUVER, Jan. 29, 2013 /CNW/ - Encanto Potash Corp....
About this update from Encanto Potash Corp.
[{"type":"text","content":"\n\n\n\n\n\nTRADING SYMBOL:  TSXV: EPO\n\n\nVANCOUVER, Jan. 29, 2013 /CNW/ - Encanto Potash Corp. (\"Encanto\" or the\n \"Company\") (TSXV: EPO and OTCQX: ENCTF) is pleased to announce the\n commencement of the environmental assessment process for the\n Muskowekwan Project, a joint venture between Encanto and the\n Muskowekwan First Nation and Muskowekwan Resources Limited to develop a\n potash mine on Muskowekwan lands in Saskatchewan.\n\n\nThe joint venture formally initiated the environmental assessment\n process by submitting a Project Description/Technical Proposal to the\n Canadian Environmental Assessment Agency and the Saskatchewan Ministry\n of Environment on December 7, 2012.\n\n\nThe purpose of the Project Description/Technical Proposal is to enable\n Canada and Saskatchewan to determine if an environmental assessment of\n the Muskowekwan Project is required.  On December 13, 2012,\n Saskatchewan confirmed the need for a provincial environmental\n assessment pursuant to the Saskatchewan Environmental Assessment Act. \n The Canadian Environmental Assessment Agency confirmed the need for a\n federal environmental assessment pursuant to the Canadian Environmental\n Assessment Act, 2012 (\"CEAA 2012\") on January 29, 2013.\n\n\nPursuant to CEAA 2012, the Federal Minister of Environment must decide\n and report if any mitigation measures are appropriate. The Minister\n must make his decision no later than 365 days after the day on which\n the notice of the commencement of the environmental assessment of the\n designated project is posted. This time limit does not include the time\n required for Encanto to prepare and submit the Environmental Impact\n Statement (EIS) and any other required information.  Encanto expects to\n file the EIS by the summer of 2013.\n\n\nThe provincial environmental assessment process does not have mandatory\n timelines, but is expected to be of similar duration.\n\n\nJim Walchuck, President and CEO commented \"Reaching this stage of the\n permitting process is one of the most crucial elements of a methodical\n progression in advancing the project toward a producing mine.  I would\n like to commend the excellent work by our team in getting us to this\n point\".\n\n\nAbout Encanto:\n\n\nEncanto Potash Corp. is a TSX Venture Exchange listed and OTCQX traded\n Canadian r...