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Pine Pass Vanadium Project Encounters Regulatory Concerns
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2019) - Ethos Gold Corp.  (TSX...
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[{"type":"text","content":"Pine Pass Vanadium Project Encounters Regulatory ConcernsVancouver, British Columbia--(Newsfile Corp. - March 29, 2019) - Ethos Gold Corp. (TSXV:ECC) (\"Ethos\" or the \"Company\") announces that it has received notice from the Province of British Columbia that the mineral tenures making up its Pine Pass vanadium project, located on the John Hart Highway between Mackenzie and Chetwynd, B.C., are included in an area under consideration for an immediate moratorium on development proposals and possible inclusion in an expanded environmental protected area. This notice was issued to Ethos in the context of negotiations between the B.C. Provincial Government, the Canadian Federal Government, Saulteau First Nations and West Moberly First Nations, that have resulted in a draft Intergovernmental Partnership Agreement relating to conservation and recovery efforts for the Central Group of Southern Mountain Caribou.(the \"Partnership Agreement\"). The Province has advised the Company that, \"The draft Partnership Agreement proposes immediate interim habitat protection measures for critical areas, an expansion of the Twin Sisters (Klinse-za) Protected Area, additional habitat protection in core areas, and operational recovery and restoration measures.\" Furthermore, the Province has cautioned the Company that, if the Partnership Agreement comes into force, then the Company's mineral tenure, \"… may be impacted by the new land protection and regulatory measures that are under consideration\". Additional details on the Partnership Agreement including on the related consultation process are available online at the Provincial Caribou Recovery Engagement Portal:https://engage.gov.bc.ca/caribou/section11agreement/The Company is preparing a submission to respond to the draft Partnership Agreement, conveying its significant concerns about the proposed measures and to recommend amendments to mitigate the impact on its Pine Pass vanadium project. Submissions are due by April 26, 2019. The Company's Mines Act Permit application for its planned 2019 Pine Pass exploration program was submitted to provincial regulators on February 4th, 2019, and presently is pending. Based on recent discussions between the Company and its regulatory contacts, the Company understands that, for the time being, exploration permit applications are being processed...