Detour Gold Corporation
TSX: DGC
Nov 04, 2010 13:35 ETDetour Gold Receives Approval from Provincial Government to Commence Construction of Mining Facilities at Detour Lake
TORONTO, ONTARIO--(Marketwire - Nov. 4, 2010) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") is pleased to announce that it has received the Statement of Completion of the Class Environmental Assessment ("EA") (Category C) for the Disposition of Rights to Crown Resources from the Ontario Ministry of Natural Resources. Detour Gold has also received notice from the Ontario Ministry of Northern Development, Mines and Forestry of acceptance of the Closure Plan for the Detour Lake mining project. These approvals allow Detour Gold to commence construction of the mining facilities for the Detour Lake project.
In addition to the above mentioned approvals, Detour Gold has also obtained the provincial Class EA for Temporary Power Supply (Diesel Generator of less than 5 megawatts) (Category B). The Individual EA for Permanent Power Supply (230 kV Transmission Line) was submitted to the Ministry of Environment and is now in the final review stage. The Company expects to receive approval for this EA in December 2010. The Company is continuing its permitting process with a Comprehensive Study Report for the federal EA.
Gerald Panneton, President and CEO commented: "We have crossed a significant milestone in the development of the Detour Gold project with the approval of these provincial EAs and Closure Plan. We are now in a position to commence construction of the mine, which is an important project for the economy of northern Ontario, providing significant employment for the local and surrounding communities."
Detour Gold is finalizing its agreements with local Aboriginal groups impacted by the Detour Lake project and anticipates these agreements to be ratified by the Aboriginal communities prior to year-end.
About Detour Gold
Detour Gold is a Canadian gold exploration and development company whose primary focus is to advance the development of its flagship Detour Lake gold project located in northeastern Ontario towards production. Detour Gold's shares trade on the Toronto Stock Exchange under the trading symbol DGC.
