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Re: mdeskm post# 29074

Saturday, 02/12/2011 2:52:23 PM

Saturday, February 12, 2011 2:52:23 PM

Post# of 102667
Hello all
I live here in Montana and am following the story of this permit to drill more test holes. The test holes seem to be the easy part. The permits for the mining is a whole different story in the Rock Creek headwaters.
Even if they find tremendous amounts of gold they could never afford the process to develop the site. The most they could hope for is to find the gold and sell the claim to someone who wants to invest the time and money for the next 10 years to get the mining permit.

http://www.clarkfork.org/water-watch/rock-creek-mine.html

Following 16 years of analysis, officials with the Forest Service and Montana’s Dept. of Environmental Quality decided the Rock Creek mine can be done right—or at least that “it meets all applicable laws and regulations.” We’re not convinced-- not at all.

Although a sizable reclamation bond—up to $77 million—is required of Revett Silver, the potential for lasting environmental damage is huge.

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