American CuMo Comments on Frivolous Lawsuit Filed by Environmental Groups, Idaho
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American CuMo Mining Corporation (CuMoCo) has been notified that anti-development environmental groups filed a lawsuit against the United States Forest Service (USFS) regarding the recent granting of permits to CuMoCo to perform work on the CuMo Project property.
At the time of this news release, the lawsuit has not been served on the USFS, and until it has, the company will make only limited comments. However, the company is compelled to respond to all misleading media coverage of the suit, emphasizing that the lawsuit does not request an injunction to stop work on the CuMo Project and any coverage purporting otherwise is speculative.
Furthermore, the current allegations regarding the plant species “Sacajawea’s Bitterroot” were addressed within the previous lawsuit, whereby Judge Lodge ruled that USFS’s analysis of the Sacajawea’s Bitterroot did not violate NEPA. In the previous lawsuit the court only directed that additional analysis of potential impacts on groundwater from the drilling activities be conducted and USFS has fulfilled exactly what the court required.
CuMoCo considers this to be a frivolous attempt to create concern within the community and for significant investors and believe that the news release regarding the lawsuit was timed strategically to disrupt coverage of the company’s major positive news announcement about the boost in economic outlook for the project due to ore-sorting technology.
If the suit is not served within 90 days of the filing date, it will be dismissed. CuMoCo management will continue to keep shareholders apprised of developments with the project and the lawsuit.
About CuMoCo
CuMoCo is focused on advancing its CuMo Project towards feasibility and establishing itself as one of the largest and lowest-cost molybdenum producers in the world as well as a significant producer of copper and silver. Management is continuing to build an even stronger foundation from which to move the company and the CuMo Project forward.
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