Financing Mining Friendly Jurisdiction
• Politically stable Yukon, Canada
• 5 mines permitted in the past 7 years
Plus Casino of Western Copper should be approved with (.13) al in costs make them an attractive mine to be fully funded
we need a secure partner, joint venture or major to fully support the financial end of this project to get Wellgreen from here to construction financing.
YUKON PERMITTING PROCESS
1) YUKON ENVIRONMENTAL & SOCIO- ECONOMIC ASSESSMENT
• Conducted by Yukon Socio-economic Assessment Board (YESAB)
• YESAB is an independent Yukon Agency comprised of Federal,
Territorial and First Nation Governments (One window process)
• Makes recommendations to governments with licensing authority
(“Decision Bodies”)
2) DECISION DOCUMENT
• Issued by “Decision Bodies” – governments (Federal, Territorial and
First Nation) that have licensing authority for a project
• Accepts, varies or rejects assessment recommendations
• Allows project to proceed to regulatory stage
3) QUARTZ MINING LICENSE
• Issued by Yukon Government Department of Energy, Mines and
Resources (EMR)
• Allows construction to commence
4) WATER USE LICENCE
• Issued by Yukon Water Board
• Allows production to commence (covers use of water and deposit of
waste)