RE: RE: RE: RE: RE: From the german boards But this is from the AEI Homepage, 10/06/2012:
5. Where is the Company in the permitting process?
Since taking over the management and operation of the Roche Bay Project in 2007, the Company has completed 6 years of environmental baseline studies and established an ongoing dialogue with the local Inuit communities. The baseline studies have been compiled in support of the drafting of the Environmental Impact Statement (EIS). With completion of the Feasibility Study (FS), both the Project Description Report (PDR) and the EIS can be completed and submitted. As a direct result of these efforts, AEI expects the permitting process to conclude by December 2014 with the issuance of a mining permit. These activities are in line with the overall project roll out as described in the FS. The project is in an excellent position to move forward, in light of the ongoing discussions with community stakeholders and the government.
The Company’s primary focus over the next 6-12 months is to develop the EIS and progress all required permitting processes, however, some important elements concerning the Company’s current Tuktu project may directly impact the timelines associated with completing these studies or the consultation process with stakeholders (i.e. governments and local communities).