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Aquila Resources Inc T.AQA


Primary Symbol: AQARF

Aquila Resources Inc is in the business of exploring for and developing mineral properties. It operates in two geographical areas, the United States and Canada. It has three assets, the Back Forty Project located in Michigan's Upper Peninsula; Bend Project and Reef Project, are found along the mineral-rich Penokean Volcanic Belt. The area hosts multiple deposit types including VMS, magmatic copper-nickel and stratiform copper.


OTCQB:AQARF - Post by User

Post by invidious1on Jan 04, 2021 8:26pm
202 Views
Post# 32221065

Crucial Back Forty Mine Permit Overturned

Crucial Back Forty Mine Permit OverturnedAdministrative law judge Daniel Pulter has rejected a wetland permit issued by the state of Michigan to Aquila Resources for its proposed Back Forty mine in Menominee County, Michigan.
 
The permit, if upheld, would have allowed Aquila to disrupt or destroy protected wetlands on and near the mine site on the east bank of the Menominee River west of Stephenson, Michigan.
 
However, Judge Pulter determined that the permit was improperly issued by the state Dept. of Environmental Quality (now called the Dept. of Environment, Great Lakes, and Energy (EGLE)).
 
In a decision issued today (Jan. 4), Judge Pulter ruled that Aquila had not provided all the information necessary for EGLE to review and approve the permit. In particular, Pulter found that Aquila had not provided a complete assessment of mine alternatives that would be feasible and less damaging to the environment than the plan submitted by the company.
 
Pulter also found that Aquila’s modeling of mine impacts on surface- and groundwater was inadequate. He further held that, as a matter of law, it was improper for EGLE to issue a conditional wetland permit that allowed Aquila to correct deficiencies in its application after-the-fact.
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