Greenstone Gold Mines Received Provincial Government Approval of Hardrock Project, Ontario
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Centerra Gold and Premier Gold Mines said the provincial environmental assessment (EA) for Greenstone Gold Mines (GGM) Hardrock Project was approved on March 26, 2019 by the Minister of Environment, Conservation & Parks of Ontario with concurrence from cabinet. The Federal EA was approved on December 13, 2018 by the Minister of Environment and Climate Change of Canada.
Greenstone Gold Mines is a 50/50 joint venture between Centerra and Premier for the joint ownership and development of the Hardrock Project.
The main objective of the 2019 work plan is to continue the process of developing and de-risking the project, with C$54 million planned to be invested to:
• advance permitting including construction permit applications
• progress detailed engineering
• complete an additional 18,000 metres of drilling, targeting areas that are planned to be mined in the first five
years of operations, and update reserves & resources
• incorporate the results of the optimization work that was completed in 2017 and 2018, and update the project
economics
About Centerra Gold Inc.
Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia, and other markets worldwide and is the largest Western-based gold producer in Central Asia. Centerra operates two flagship assets, the Kumtor Mine in the Kyrgyz Republic and the Mount Milligan Mine in British Columbia, Canada and is building its next gold mine, its 100 percent owned Öksüt Gold Mine in Turkey. The company is based in Toronto, Ontario, Canada.
To stop by Centerra Gold’s website, CLICK HERE
About Premier Gold Mines Limited
Premier Gold Mines Limited is a gold-producer with a respected exploration and development pipeline of precious metal projects in proven, accessible and safe mining jurisdictions in Canada, the United States, and Mexico.
To stop by Premier Gold Mines’ website, CLICK HERE
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