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Idaho Lawmakers Encourage US President & Federal Officials to Move Stibnite Gold Project Forward
VANCOUVER, British Columbia, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Midas Gold Corp. (TSX:MAX) (OTCQX:MDRPF) today reported that Idaho’s House of Representatives and
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[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Midas Gold Corp. (TSX:MAX) (OTCQX:MDRPF) today reported that Idaho’s House of Representatives and Senate passed, with overwhelming support, a joint memorial asking the President of the United States, Idaho’s congressional delegation, the Administrator of the Environmental Protection Agency, the Secretary of the Interior and the Secretary of Agriculture to take the steps necessary to approve Midas Gold’s Stibnite Gold Project (“Project”) in a timely and cost-effective manner. Seventy-one lawmakers signed on as co-sponsors of the joint memorial (the “Memorial”), including leadership in the Republican and Democrat caucuses in both houses. Midas Gold is currently working with the U.S. Forest Service and other federal, state and local agencies to redevelop a portion of the historic Stibnite Mining District and reclaim and restore areas that have been impacted by legacy mining operations. “We appreciate the unprecedented support we’ve received from Idaho’s Republicans and Democrats and thank them for their request for a timely review and approval of the Stibnite Gold Project,” said Laurel Sayer, CEO of Midas Gold Idaho, the Project operator. “We strongly believe that every step of the process must take place, from a full regulatory review in compliance with the National Environmental Policy Act to gathering input from Idahoans. Permitting a mine in the U.S. can take considerably longer than other countries with comparable environmental standards; a timely review would allow environmental restoration work to commence sooner and economic development to benefit the local communities, Idaho and the nation.” \"The Stibnite Gold Project will be an economic win for Idaho and provide a huge opportunity for many families in my district and across the state,” said Representative Terry Gestrin (R-Donnelly), lead sponsor of the memorial. “The Project will be a $1 billion investment in Idaho and bring hundreds of well-paying jobs to rural communities. These are jobs and this is an industry that people in Idaho welcome.” Site History & Restoration Solutions The Stibnite Mining District was abandoned after more than a century of mining activity prior to Midas Gold becoming involved in the area. Much of the mining disturbance took place in the 1920s to 1950s, well b...