Environment

Construction of open pit mine requires comprehensive EIA (08/10/31)

NB 1614

Oct. 31, 2008

FREDERICTON (CNB) - A proposal by Geodex Minerals Ltd. to construct and operate an open pit molybdenum and tungsten mine will undergo a comprehensive environmental impact assessment (EIA). Environment Minister Roland Haché made the announcement today.

"Following a review of the proponent's proposal, it has been determined that a comprehensive EIA is required for this project," Haché said.

The proponent, Geodex Minerals, proposes to build this mine near Napadogan, York Co. The project was registered under the Environmental Impact Assessment Regulation on Sept. 5.

The project would include the development, operation and ultimate reclamation of an open pit molybdenum and tungsten mine with an on-site ore processing facility to produce mineral concentrates. The plant would produce 20,000 tonnes of ore per day, operate 343 days per year and employ about 300.

Development of the site would include construction and operation of the following:

Site preparation would include tree clearing, development of on-site roads, camp construction and installation of a permanent power supply. Construction would take two years with the start of mining tentatively scheduled for 2011.

The main objective of an EIA is to identify potential environmental impacts associated with development proposals as well as methods of avoiding, controlling and minimizing any negative effects. The EIA process involves a technical review committee of government agency specialists and includes an extensive public involvement component.

Throughout the EIA process, the Department of Environment will challenge the proponent to ensure that the best available technology and innovative approaches are considered for this project.

"The public will have the opportunity to learn more about the project and voice their opinion at different stages in the process," Haché said. "I strongly encourage people to take advantage of those opportunities."

Preparation of EIA study guidelines is the first step in this process. These guidelines will be available for public review by the end of December.

To learn more about this project and the EIA process, visit the Department of Environment website.

08/10/31

MEDIA CONTACT: Jennifer Graham, communications, Department of Environment, 506-453-3700.

08/10/31