Blind Creek Resources Ltd. has received an amended Mines Act Permit from the Ministry of Energy, Mines and Petroleum Resources, Mines and Mineral Resource Division, that authorises Blind Creek to conduct exploration, underground mining and on-site milling activities at the 100% owned historic Engineer Gold Mine Property, detailed in a renewable Notice of Work and Reclamation Programme, valid until 31 March, 2020.
The permit was amended to reflect the change in ownership of the Engineer Gold Mine Property, situated 32 km southwest of Atlin, B.C., from BCGold Corp. to Blind Creek Resources Ltd.
Engineer gold mine royalty acquired by posting US$50 000 reclamation bond
Blind Creek has acquired the right, title, benefit and interest held by Pan Andean Minerals Ltd. (Pan Andean) (formerly known as BCGold Corp.) in and to the 1% Net Smelter Royalty (NSR) over the Engineer Mine Property acquired by Blind Creek earlier this year, by posting a new reclamation bond with the MEMPR in the amount of US$50 000 to replace the bond previously provided by BCGold Corp. There are now no underlying royalties for the historic Engineer Gold Mine patented crown grants, previously owned and recently staked contiguous Blind Creek mineral claims at the Engineer Gold Mine Property. Blind Creek Now Fully Permitted for Exploration, Mining and on-site Gold Production at Engineer Gold Mine The amended Mines Act Permit supplements the water discharge permit the Company previously received from the British Columbia Ministry of Environment that authorises Blind Creek to discharge groundwater from the underground workings of the Engineer gold mine and effluent from the company’s 50 tpd gravity separation gold mill into Tagish Lake and the tailings impoundment, respectively, subject to a number of specific requirements. Blind Creek is now fully permitted to conduct surface and underground exploration, mine de-watering, mining, development, and small-scale gold production at the Engineer Gold Mine.
Engineer gold mine exploration programme
The company is awaiting exploration results from a recently completed 2017 geological mapping, sampling and MMI soil survey targeting additional narrow-vein high-grade and shear-hosted bulk tonnage gold mineralisation south of Engineer Mine (proper) and on the southern Wann claims. Furthermore, the company intends to release an updated NI 43-101technical report on the Engineer Gold Mine Property, authored by Mr. Darren O’Brien, P.Geo., in the very near-term. Results will provide additional basis for a significant exploration and test-mining / milling programme at the Engineer Gold Mine Property in 2018.
Read the article online at: https://www.globalminingreview.com/mining/18102017/blind-creek-acquires-mining-permit-for-engineer-gold-mine/