Business
Telson Resources Inc. Obtains Two Semarnat Permits, One for Tailing Facility Reactivation Plus Another for Construction of New and Expanded Tailing Facility at Tahuehueto
(via TheNewswire) Vancouver, British Columbia / TheNewswire / August 22, 2017 - Telso...
About this update from Luca Mining Corp
[{"type":"text","content":"Telson Resources Inc. Obtains Two Semarnat Permits, One for Tailing Facility Reactivation Plus Another for Construction of New and Expanded Tailing Facility at Tahuehueto(via TheNewswire)\n\n \nVancouver, British Columbia / TheNewswire / August 22, 2017 - Telson Resources Inc. (\"Telson\" or the \"Company\") (TSX Venture - TSN.V) is pleased to announce that it has received permits from Semarnat (Secretaria de Medio Ambiente y Recursos Naturales) (\"Semarnat\") for the reactivation of the existing tailings disposal facility and for the construction of a new larger tailings facility for the Tahuehueto Project, located in northwestern Durango State, Mexico.\n\n \n \nThe reactivation of the existing tailing facility will allow dry stack tailings disposal under the Company's current operating plan for Tahuehueto. This tailings facility covers 3.78 hectares, has an authorized tailing capacity of 382,622 m3 and is now permitted for construction upgrade to reactivate and will handle the project's initial tailing disposal requirements over the first 1 - 2 years of operation. \n\n \n \nThe permit granted by Semarnat for the construction of a new tailings disposal facility allows for the installation of a new and larger tailings disposal facility that will easily accommodate the mine plan envisioned within the Company's December 6, 2016 Pre-Feasibility Study (the \"PFS\" - which is available on SEDAR or Telson's website). This new permit covers an area of 9.38 hectares and is authorized under the Semarnat permit just granted for an initial capacity of 13,255,407 m3 which will accommodate tailings from the current 3.264 million tonnes of reserves targeted for mining within the PFS. \n\n \n \nAt a milling rate of 1,000 tonnes per day, planned to be obtained within the first year of operation, Telson expects to operate under the current Semarnat permit for approximately 11 years. The ultimate capacity of the new tailings disposal facility at Tahuehueto will allow for approximately 38 years of operation at the projected mill throughput of 350,000 tonnes per year which will allow for possible expansion of the project upon successful exploration and development of new reserves and resources. \n\n \n \nAbout Telson Resources Inc.\nTelson Resources Inc. is a Canadian based resource development company advancing two gold, silver and base metal proj...