Business

Eros Provides Update on Bell Mountain Gold-Silver Deposit and Director Resignation

Eros Provides Update on Bell Mountain Gold-Silver Deposit and Director Resignation ...

articleTrident Resources Corp.November 21, 20184/company/trident-resources-corp/news/eros-provides-update-on-bell-mountain-gold-silver-deposit-and-director-resignation
Eros Provides Update on Bell Mountain Gold-Silver Deposit and Director Resignation

About this update from Trident Resources Corp.

[{"type":"text","content":"\n\n\n\nEros Provides Update on Bell Mountain Gold-Silver Deposit and Director Resignation\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 21, 2018\n\n\n\nVANCOUVER, Nov. 21, 2018 /CNW/ - Eros Resources Corp. (TSX.V: ERC) (\"Eros\" or the \"Company\") and our 100% owned subsidiary Bell Mountain Exploration Corp. are pleased to update our shareholders with regard to our Bell Mountain gold-silver project in Churchill County, Nevada. \nTwo years ago the U.S. Department of the Navy issued a notice of its intent to conduct an environmental impact statement (\"EIS\") regarding the proposed expansion of the Fallon Range Training Complex on lands administered by the U.S. Bureau of Land Management (\"BLM\").  The Company's Bell Mountain project falls within the immediate vicinity of the proposed expansion and was subjected to a two-year moratorium on any new work to advance the project. \nThe initial two-year moratorium expired on September 1, 2018 but was extended for an additional four years of mineral withdrawal while the Navy completes its EIS.  This extension was announced in the U.S. Federal Register on August 31, 2018.  Owing to special efforts by Company staff and consultants, the Bell Mountain project was specifically listed as exempt from the new withdrawal notice.  Although certain Navy restrictions are expected to affect the project, the exemption allows for the project to advance in the near term.\nA Mine Plan of Operation (\"MPO\") based on existing information was submitted to the BLM in late August, prior to the new four-year withdrawal notice.  The Company has since responded to BLM comments on the MPO.  Also submitted to the BLM are applications for a water pipeline right-of-way and road access right-of-way to the property. The Company is awaiting administrative approval by the BLM of these three key applications.  The Company is also working to address permitting and engineering requirements of the Bureau of Mining Regulation and Reclamation under th...

More updates from Trident Resources Corp.