Business
Gabriel Informed EIA Annex Questions Expected in November 2006
Gabriel Informed EIA Annex Questions Expected in November 2006.
About this update from Gabriel Resources Ltd.
[{"type":"text","content":"\n\n\n\n\nAction Pushes EIA Process into 1Q 2007\n\nParallel Process Keeps Company on Track for 2009 First Pour\n\nTSX Trading Symbol: GBU\n\nTORONTO, Oct. 27 /CNW/ - Gabriel Resources Ltd. officials have been\ninformed that it will receive in November 2006 the questions (the \"Annex\nQuestions\") that must be addressed in an Annex to the Rosia Montana\nenvironmental impact assessment (EIA). As the Company awaits receipt of the\nAnnex Questions, its EIA team continues to prepare responses based on the\nongoing assessment of questions that were raised during the PDCP (Public\nDisclosure and Consultation Process) hearings held from July through August.\nAs a result, the Company anticipates being in a position to provide a prompt\nresponse to the Annex Questions, once they have been formally received. The\ndelay in receiving the Annex Questions, however, will extend the EIA approval\nprocess into the first quarter of 2007.\nGabriel management confirms that it continues to work in parallel with\nthe EIA process to acquire surface rights, which began on October 9th, hire a\nEPCM contractor, begin detailed engineering and order long-lead-time\nequipment. Management will work to maintain the construction schedule for\nRosia Montana project which targets a first gold pour in Spring 2009.\n\nAbout Gabriel\n\nGabriel is a Canadian based resource company committed to responsible\nmining and sustainable development in the communities in which it operates.\nGabriel is currently engaged in the exploration and development of mineral\nproperties in Romania and is presently engaged in the development of its 80%\nowned Rosia Montana gold project.\n\nThe Toronto Stock Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release and the\ninformation contained herein.\n\n\n\n","length":1863,"tagName":"div"}]