Avanti Mining Inc. ("Avanti") is pleased to announce that approval of its environmental assessment application has been granted by the Hon. Leona Aglukkaq, Minister of the Environment, Government of Canada on June 27, 2014.
The decision, reached after a comprehensive, science-based review led by the Canadian Environmental Assessment Agency ("CEAA"), concluded that the project is not expected to result in any significant adverse effects based on the mitigation measures and conditions of the environmental assessment approval. The CEAA and federal Ministers also concluded that the Crown's legal obligation to consult with First Nations and the Nisga'a Nation under chapter 10 of the Nisga'a Final Agreement, had been met.
"We are delighted with the decision of the Government of Canada to approve our environmental application," said Gordon Bogden, President and CEO of Avanti. "With this significant milestone having been achieved, we can now concentrate on the construction phase of the mine, our efforts on our project debt negotiations with our banking syndicate, and the exploration of other financial options including a sale of silver stream and/or investment by a strategic partner".
Avanti is focused on the development of the past producing Kitsault molybdenum mine located north of Prince Rupert, British Columbia. The Kitsault Mine Project received an environmental assessment certificate from the province of British Columbia in March of 2013, and an amended Mines Act permit on June 16, 2014.
For further information, please visit www.avantimining.com.
Source: http://www.avantimining.com/