update on Bishop CMC Metals starts building Bishop mill tailings pond
Ticker Symbol: C:CMB
CMC Metals starts building Bishop mill tailings pond
CMC Metals Ltd (C:CMB)
Shares Issued 79,438,646
Last Close 3/3/2014 $0.07
Tuesday March 04 2014 - News Release
Mr. Jack Bal reports
COMMENCEMENT OF POND CONSTRUCTION AT BISHOP MILL
CMC Metals Ltd. has commenced construction on the tailings pond on property adjacent to the company-owned Bishop mill in Bishop, Calif. Jim Matthew, mill manager at the Bishop mill, will oversee the construction of the tailings pond and final commissioning of the mill. It is anticipated the tailings pond construction will take 90 days, and will involve excavation of the pond and installation of a flexible membrane liner.
The Bishop mill will operate at 2,000 tons per month and the ore to be processed at the facility will be supplied from the company's 50-per-cent-owned Radcliff mine near Ballarat, Calif.
The company has received final permits to construct the tailings pond and commence operations of the mill from the Lahontan Regional Water Quality Control Board, the Bureau of Land Management (BLM) and the Great Basin Unified Air Pollution Control District.
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