Compliance Energy Corp CPYCF

Energy Metals & Mining Industrial Metals & Minerals

Compliance Energy Corp Is a Canada-based exploration and development company. The company is engaged in the exploration and development of resource properties. The firm is an exploration and development company working on resource properties it has staked or acquired, principally on Vancouver Island. It has interest in Comox Joint Venture (CJV), which holds the Raven Underground Coal Mining Project (Raven Project).

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Comment by 2guyson Mar 26, 2013 4:06pm

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Post# 21170647

RE: RE: RE: RE: low

chrisale, I believe that is one of the requirements and CEC and its partners will need to put up a bond for any costs that may be required during and after it's run its course.

Reclamation and Closure

Is there a reclamation or closure plan in place?

Land reclamation is a requirement of modern day mining. At every step of the mining process, from exploration to decommissioning, environmental regulations require that land is returned to a productive state. As part of the provincial government environmental approval process, the project is required to develop a ’reclamation and closure plan’ detailing site remediation at the end of the project. In addition, the project is also required to post a closure bond, to ensure sufficient funds will always be available to complete the reclamation and closure plan.

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