Adanac Molybdenum Corporation AUAYF

PERMIT

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https://images.google.ca/imgres?imgurl=https://www.stockinterview.com/News/02072007/Ruby-Creek.gif&imgrefurl=https://www.stockinterview.com/News/02072007/Moly-Miner-Reaugh-Interview.html&h=387&w=432&sz=164&hl=en&start=9&sig2=LFBcw7zl0CDdWbUSDzuWMA&um=1&tbnid=kduV95mfuMQmdM:&tbnh=113&tbnw=126&ei=DaafRqfNJorogAK05aVy&prev=/images%3Fq%3Dmolybdenum%2BPERMIT%26svnum%3D10%26um%3D1%26hl%3Den Mining Molybdenum in 2009 for Less than $10/pound (Much Less) 1000 Workers Needed to Help Construct Moly Mining Operations in Yukon An Interview with Adanac Moly Corp’s Larry Reaugh StockInterview: What is the status of your permitting? Larry Reaugh: We are about 60 percent of the way through our permits. We are still shooting for the end of this quarter to have them. We want to be in construction in June of this year. We put together the operating team. There will be more announcements on who we’ve hired: well-known mining specialists in the industry, operators, builders and so on. We are preparing this company to hit the ground running this summer. During the peak of construction, we’ll have up to 1000 people working for us. We will have to pull from all over the province. This is going to benefit the province. It’s going to benefit the people of Atlin, and it’s going to benefit the Taku River Tlingit (TRT). They will be able to become self-sustaining as a group through this large activity of ours. We will train and employ their people and encourage them to set up sub-contractor companies. It’s the same story in the entire industry – we’re all competing for miners.