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Western Uranium & Vanadium Corp. Prevails in Permit Hearing
Toronto, Ontario and Nucla, Colorado, July 27, 2020 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or ”Company”) would
About this update from Western Uranium & Vanadium Corp.
[{"type":"text","content":" Toronto, Ontario and Nucla, Colorado, July 27, 2020 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or ”Company”) would like to provide the following update: Mined Land Reclamation Board Permit Hearing The Company prevailed in the mining permit hearing held before the state of Colorado’s Mined Land Reclamation Board (MLRB). At issue was the status of the five existing permits which comprise the Sunday Mine Complex (SMC). Due to COVID restrictions, the hearing took place utilizing a virtual-only format on Wednesday July 22, 2020 and the proceedings were recorded and are available for viewing on the Division of Natural Resources MLRB YouTube channel. While the matters were complex, the 3 to 1 decision acknowledged that the work completed at the Sunday Mines under Division of Reclamation, Mining and Safety (DRMS) oversight was timely and sufficient for Western to maintain the SMC permits. Western would like to thank its shareholders for being supportive and patient while waiting for this hearing to take place. We would also like to thank the MLRB for recognizing in its decision the exploration, development, and mining efforts made by Western, including the rigorously constructed state-of-art ore pads providing 21st century environmental protection. 2020 Hard Rock Rulemaking During the hearing, the introduction of alternative definitions of “production” within the context of temporary cessation resulted in multiple calls from the hearing participants for a continuation of the 2020 Hard Rock Rulemaking (Rulemaking). The MLRB provided the further guidance to DRMS in moving forward with rulemaking that they would like more information, data, and concrete inputs. The Rulemaking process began with a scoping meeting in January and a comment period ending in March. However due to COVID delays, the process was suspended until September. The stated Rulemaking goals were defining production and defining when temporary cessation is appropriately applied, and how it does or does not tie to development, production, and other defined mining activities in relation to temporary cessation. Western is of the opinion that completion of the Rulemaking process will produce a set of rules and definitions which would be beneficial going forward. The Company will continue to fully engage and offer it...