Posted in | News | Gold | Copper

KGHM International Updates Progress at Ajax Project

KGHM International, operator of the Ajax Project, is pleased to announce that we have recently concluded a comprehensive evaluation of the project.

This evaluation took into account potential opportunities to make modifications to the project’s layout that may permit increasing the distance between some of the project’s structures and the closest residential neighbourhoods and public infrastructure.

Our evaluation also included geologic surveys on the project area that identified possible ore bodies which have the potential to increase the project’s copper and gold resources. We have begun conducting additional drilling and studies to evaluate the economic viability of the mineralized zones.

The Ajax team is focused on maximizing all of these potential benefits. The work required to finalize our studies and plans, however, is not yet complete; as a result, we will not submit our Environmental Assessment Application in September as we had previously announced. We will share additional information as it becomes available.

The Ajax Project remains a viable development with significant benefits to Kamloops and surrounding areas. We are planning four community information sessions to be held September 9 through 12. The purpose of the sessions will be to discuss inputs to and design of our air quality model, water quality model, noise and vibration model, and our human health and ecological risk assessment. Attendees will be given additional information on what we are studying, the kind of information we are seeking, and how all of the studies fit together to provide an integrated look at the potential effects of the Ajax Project on human health and the environment. More details about the information sessions will be available on www.ajaxmine.ca shortly.

In addition, today we are unveiling a new Ajax Project website at www.ajaxmine.ca. The website is designed to be more informative and easier to navigate. We will use this website to communicate new project information to the community, including work we are doing on site and where we are in the Environmental Assessment process. New features include an interactive timeline with a historical look at the Ajax Project and local mining activities, a focus on mining education with a mining glossary, and an interactive map of all KGHM International operations and projects.

We remain strongly committed to the community, environment and long term sustainability of the project. We are also committed to communicating in a proactive and timely manner. The community can expect to receive current and accurate information from us on a regular basis.

For inquiries, please contact Yves Lacasse, External Affairs Manager, or Robin Bartlett, Community Relations Specialist at 1-250-374-5446.

Source: http://www.kghminternational.com

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