No permitting issuesMynose, HbM has already had operating mines in the park without any problem for some time.. The park and permitting will go through without a hitch It is not a concern at all.. Here's some info. from the HMB conference call. Snow Lake area is a mining hotspot, and has been for some time..
In the same call, Onno Rutten of UBS Securities asked if officials could elaborate a bit more on the permitting requirements for the Reed Lake property. "It is in a Provincial Park and we of course have experience dealing with those issues," said Holmes. "It has not been an issue in the past and we do not expect it to be an issue on this project." Vice President of Operations Tom Goodman concurred, " We previously had our Spruce Point Mine in that very same park; had a very successful closure with that mine and are on good terms with the regulators as a result," he stated hesitantly. "We have had discussions at fairly high levels with the Provincial political people and we are very positive that we don't think that there is going to be issues. Really, that mine would have a relatively small footprint. We aren't talking about a concentrator. It looks like it would be a portal with a very small physical footprint. And it is right on the highway."