Saturday, September 24, 2016 12:40:56 AM
That is not accurate. MX hasn't even begun the environmental studies necessary to even apply for the mining permits. They just applied for the permits necessary to start the work necessary to begin the environmental studies. Step 1 of about 10. Even if they started the work today, they are years away from mining anything. Even assuming that BC would grant them the necessary mining permits, which is questionable in the wake of the Mount Polley disaster.
Funny thing - there is no mention of NBRI or their claims in any of MX's documentation, including the PEA.
MX would need roughly $20 million in a best case scenario to develop Willa. They have about $1 million now. That is not much money at all.
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