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Gold Resource invited to present optimized feasibility study for Black Forty gold-zinc project at Scoping Environmental Impact Assessment meeting

Published 2022-08-05, 11:05 a/m
© Reuters.  Gold Resource invited to present optimized feasibility study for Black Forty gold-zinc project at Scoping Environmental Impact Assessment meeting
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Gold Resource Corporation (NYSE-A:GORO, ETR:GIH) said it has been invited by Michigan’s Department of Environment, Great Lakes, and Energy to participate in a Scoping Environmental Impact Assessment meeting where it will present the initial site plan and other key improvements being incorporated into the Back Forty gold-zinc project’s optimized feasibility study.

The company said another objective of the meeting, being held on August 5, 2022, is for the Department and key stakeholders to discuss the permitting process and related requirements of the Back Forty project.

Gold Resource CEO Allen Palmiere said the meeting was a fantastic opportunity for the company to introduce its initial site plans to key stakeholders in the community, especially tribal communities.

READ: Gold Resource Corp says production remains solid at Don David Gold Mine in Mexico

“While the initial site plans have taken into consideration historical concerns expressed, we are keen to learn more about any other concerns that may come up during the assessment,” he said.

“Our priorities while progressing the feasibility study and permitting initiatives at the Back Forty project are focused on favourably impacting our environment, social and governance programs while identifying economic and operational efficiencies.”

The company highlighted several improvements from the 2018 project included in the optimized initial site plan, such as a combined open pit and underground mine, elimination of a waste storage facility in proximity to neighbouring properties and wetlands, reduced wetland dredge and fill impacts, and reduced visual intrusion on the Menominee River and identified cultural resources.

Gold Resource is a gold and silver producer, developer, and explorer with its operations centered on the Don David gold mine in Oaxaca, Mexico.

Contact the author at emily.jarvie@proactiveinvestors.com

Follow her on Twitter (NYSE:TWTR) @emilyjjarvie

Read more on Proactive Investors CA

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