Business

Taranis Provides Comments on Thor Bulk Sample Permitting Amid Policy Uncertainty and Permitting Project Mismanagement

(via TheNewswire) Estes Park, Colorado - TheNewswire - March 16, 2020 - ...

articleTaranis Resources Inc.March 16, 20204/company/taranis-resources-inc/news/taranis-provides-comments-on-thor-bulk-sample-permitting-amid-policy-uncertainty-and-permitting-project-mismanagement
Taranis Provides Comments on Thor Bulk Sample Permitting Amid Policy Uncertainty and Permitting Project Mismanagement

About this update from Taranis Resources Inc.

[{"type":"text","content":"Taranis Provides Comments on Thor Bulk Sample Permitting Amid Policy Uncertainty and Permitting Project Mismanagement(via TheNewswire)\n \n \nEstes Park, Colorado - TheNewswire - March 16, 2020 - Taranis Resources Inc. (\"Taranis\") (TSXV:TRO), (OTC:TNREF) is updating ongoing permitting activities for a 10,000 tonne bulk sample on its 100%-owned Thor Project located in British Columbia. This follows a conference call with the Executive Regional Director of Ministry of Energy, Mines and Petroleum Resources (\"MEMPR\"), the Thor Mine Development Review Committee Chairperson, and the Executive Director of \"Major Mines\" Permitting Office on March 12, 2020.\n\n\n \nBackground\n\n\n \nTaranis began a 10,000 tonne Bulk Sample Application (\"10KBSA\") via MEMPR on October 15, 2018. The project is designed to test metallurgical recoveries using a novel gravity-based concentration system, producing pre-concentrate that can be shipped offsite for further upgrading, and to minimize onsite infrastructure. The process would remove Legacy acid-generating/metal-leaching surface stockpiles left behind at Thor from more than a century of historical mining activity, and most importantly would provide valuable data for a Preliminary Economic Assessment for the much larger in-situ Thor deposit. Bulk samples are considered an essential exploration/business activity and are routinely conducted to gather metallurgical and environmental data.\n\n\n \nBarriers to the 10,000 Tonne Bulk Sample Permit\n\n\n \nTaranis' permitting team assented to MEMPR's declaration in 2018 that the 10KBSA must be processed under a full-scale Joint Environmental and Mines Act Application/Information Requirements Table (\"JEMA/IRT\") process, which until now was formulated specifically for full-scale commercial mining applications. MEMPR indicated on numerous occasions that the JEMA would be specifically tailored to fit the size of the 10KBSA and could include provisions for conditional permit issuance. Taranis was notified that the screening of the application was completed by MEMPR Reviewers on September 16, 2019 and has since been in Technical Review, which was previously estimated to take 60 days.\n\n\n \nTaranis, being an exploration company, is in a unique position to experience every aspect of the permitting process in B.C. During the course of the still ongoing Tech...

More updates from Taranis Resources Inc.