THEMAC Granted Groundwater Discharge Permit
January 25 2019 - 1:24PM
THEMAC Resources Group Limited (TSX VENTURE:MAC)
(“THEMAC” or the “Company”), through its wholly-owned subsidiary
New Mexico Copper Corporation (NMCC), has been granted a
Groundwater Discharge Permit by the New Mexico Environment
Department (NMED). The purpose of a Groundwater Permit is to
protect the environmental quality of New Mexico’s groundwater
resources as mandated by the Water Quality Act and the New Mexico
Ground and Surface Water Protection Regulations.
The Company submitted a final application for a
Groundwater Discharge Permit in October 2015. After two years of
review, NMED published a proposed Discharge Permit for the Copper
Flat Mine in February 2018. NMED invited public review and comment
on the draft Discharge Permit and held five days of public hearing
on the proposed Permit in September. In addition to the hearings,
the NMED also provided an opportunity for the public to submit
written comment on the proposed permit. Verbal and written comments
were collected by NMED and considered when writing the Permit for
the Copper Flat Mine.
The Groundwater Discharge Permit is one of
several permits needed for the Copper Flat Mine. Currently, the
Company has received an Air Quality New Source Review Permit and a
Groundwater Discharge Permit, both from the New Mexico Environment
Department. The Company’s application for a Mining Permit, issued
by the Mines and Minerals Division of the New Mexico Energy,
Minerals, and Natural Resources Department, has been determined to
be technically approvable by the Agency and the required public
hearing has been held. In addition to State Permits, a status
update posted on the BLM website states the Agency is moving
forward with a Final EIS; however progress on the EIS has been
affected by the ongoing partial shutdown of several federal
agencies.
THEMAC CEO Andrew Maloney notes “We are very
pleased to have reached this milestone in the permitting process
and look forward to working with the NMED to ensure that all
requirements are met during the operation of Copper Flat. We
benefited from the work of our world class experts who prepared and
supported this permit application and know that this effort was
successful in large part due to the dedication and perseverance of
our entire team. Copper Flat mining and reclamation plans are
backed by strong science and a commitment to responsible
stewardship; we are happy to see this recognized in NMED’s granting
of DP-1840 and to have this tangible progress towards securing all
necessary permits for the Mine.”
About THEMAC Resources Group LimitedTHEMAC is a
copper development company with a strong management team and as of
May 18, 2011, a 100% ownership interest in the Copper Flat
copper-molybdenum-gold-silver project in New Mexico, USA. We are
continuing to advance the closed copper mine, Copper Flat, in
Sierra County, New Mexico, toward production with innovation and a
sustainable approach to mining development and production, local
economic opportunities, and the best reclamation practices for our
unique environment. The Company is listed on the TSX Venture
Exchange (ticker: MAC) and has issued share capital of 79,400,122
common shares (fully diluted share capital 93,425,316).
For more information please visit
www.themacresourcesgroup.com or review the Company’s filings on
SEDAR (www.sedar.com).
For further information
contact:
THEMAC Resources Group Limited
Andrew MaloneyChief Executive Officer
Phone: +1
505.382.5770www.themacresourcesgroup.com
Themac Resources (TSXV:MAC)
Historical Stock Chart
From Nov 2024 to Dec 2024
Themac Resources (TSXV:MAC)
Historical Stock Chart
From Dec 2023 to Dec 2024