NOVAGOLD Files Draft EIS for Its Donlin Gold Project, Alaska
[Click image to enlarge]
NOVAGOLD Resources Inc. has filed the draft EIS for its flagship 50 percent-owned Donlin Gold project in Alaska.
The publication of the Donlin Gold draft EIS is a major milestone in the permitting process for the project. Now, three years into permitting, with significant and early input by cooperating agencies as well as the public, many issues have been identified and thoroughly considered in the EIS process.
The five-month public comment period, which commenced in December, will include public meetings in 15 villages in the Yukon-Kuskokwim region and Anchorage. The Corps will host the public meetings and present an overview of the draft EIS, which considers the potential environmental, social, and economic impacts of the proposed project along with seven alternatives: no action; proposed applicant action; upriver port at Birch Tree crossing; pipeline route alternatives; haul trucks fueled by liquefied natural gas (LNG) versus diesel; diesel pipeline versus natural gas pipeline; and dry stacked tailings. The Corps will accept comments on the draft EIS until the close of the comment period at the end of April and will subsequently review and respond to all the comments in a final EIS, which the Corps’ schedule anticipates should be published in 2017.
Concurrent with the NEPA analysis, Donlin Gold has been submitting major permit applications to relevant agencies to obtain the more than 100 individual permits required for the project.
About NOVAGOLD
NOVAGOLD is a well-financed precious metals company engaged in the exploration and development of mineral properties in North America. Its flagship asset is the 50 percent-owned Donlin Gold project in Alaska, one of the safest jurisdictions in the world. With approximately 39 million ounces of gold in the measured and indicated resource categories (541 million tonnes at an average grade of approximately 2.2 grams per tonne), Donlin Gold is regarded to be one of the largest, highest grade, and most prospective known gold deposits in the world. The Donlin Gold project commenced permitting in 2012, a clearly defined process expected to take approximately five years. NOVAGOLD also owns 50 percent of the Galore Creek copper-gold-silver project located in northern British Columbia. Once in production, Galore Creek is expected to be the largest copper mine in Canada, a tier-one jurisdiction. NOVAGOLD is currently evaluating opportunities to sell all or a portion of its interest in Galore Creek and would apply the proceeds toward the development of Donlin Gold. NOVAGOLD is well positioned to stay the course and take Donlin Gold through permitting.
To stop by NOVAGOLD’s website, CLICK HERE
Be in-the-know when you’re on-the-go!
FREE eNews delivery service to your email twice-weekly. With a focus on lead-driven news, our news service will help you develop new business contacts on an on-going basis.
CLICK HERE to register your email address.
Copyright © 2016 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
For licensing permission, .(JavaScript must be enabled to view this email address)
