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Sandstorm Gold Ltd T.SSL

Alternate Symbol(s):  SAND

Sandstorm Gold Ltd. is a Canada-based precious metals-focused streaming and royalty company. The Company is focused on acquiring royalties and gold and other metals. The Company holds a portfolio of over 230 royalties, of which 41 of the underlying mines are producing. Its segments include Antamina, Aurizona, Blyvoor, Bonikro, Caserones, Cerro Moro, Chapada, Fruta del Norte, Hounde, Mercedes, Vale Royalties, and others. Antamina open-pit copper mine located in the Andes Mountain range of Peru, approximately 270 kilometers (km) north of Lima. Aurizona mine is in Brazil. The Blyvoor gold mine is located on the Witwatersrand gold belt, South Africa. The Bonikro gold mine is located in Cote d’Ivoire. Caserones open pit mine is in the Atacama region of Chile. Chapada mine is located 270 km northwest of Brasilia in Goias State, Brazil. Mercedes gold-silver mine in Sonora, Mexico. Black Fox mine and Froome mine are located in Ontario, Canada.


TSX:SSL - Post by User

Bullboard Posts
Post by thasison Jun 21, 2013 12:17pm
238 Views
Post# 21555264

Cdn Zinc receives two permits for Prairie Creek

Cdn Zinc receives two permits for Prairie Creek

 

Cdn Zinc receives two permits for Prairie Creek

2013-06-21 05:04 PT - News Release

 

Mr. John Kearney reports

CANADIAN ZINC RECIEVES LAND USE PERMITS FOR OPERATION OF PRAIRIE CREEK MINE

The Mackenzie Valley Land and Water Board has issued two key land use permits (LUP) for mining operations at its wholly owned Prairie Creek mine in the Northwest Territories, Canada.

LUP MV2008D0014 permits Canadian Zinc to extract ore and waste rock from the Prairie Creek mine, operate a flotation mill concentrator to produce zinc and lead concentrates, create a waste rock facility, and refurbish and develop site facilities in support of the mining operation along with the eventual closure and reclamation of the mine site.

LUP MV2008T0012 permits Canadian Zinc to construct and operate the Liard transfer facility to be situated near the junction of the existing Prairie Creek mine access road and the Liard Highway. The Liard transfer facility is a staging area at the south end of the winter access road designed to temporarily store outbound concentrate and inbound supplies.

Both new LUP permits are valid for a term of five years and with an optional two-year extension.

In January, 2013, the Mackenzie Valley Water Board issued LUP MV2012F007 which permits the construction, maintenance, operation and use of the winter access road connecting the Prairie Creek mine to the Liard Highway. This permit allows the outbound transportation of the zinc and lead concentrates to be produced at the mine and the inbound transportation of fuel and other supplies during the actual operation of the Prairie Creek mine.

The company expects that in the near future the water board will also issue a Class Type A water licence which will be subject to approval by the Federal Minister of Aboriginal Affairs and Northern Development. Canadian Zinc is also awaiting final permits from Parks Canada for the operation of portion of the winter road that passes through the Nahanni National Park Reserve and construction of the Tetcela transfer facility, a second road staging area to be located within the park. Draft permits were issued for review by Parks Canada in March, 2013, and it is expected these permits will be finalized in the near term.

We seek Safe Harbor.

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