Monday, October 24, 2011 8:32:41 PM
Chieftain plans 2014 BC polymetallic production
By Greg Klein
Progress is now rapid at Chieftain Metals’ TSX:CFB Tulsequah polymetallic project, located 100 kilometres south of Atlin, BC, and 65 kilometres northeast of Juneau, Alaska. “We have pretty much all the major permits, licences and authorizations to move forward,” says Jamie Frawley, Chieftain’s Director of Corporate Communications. “We can start construction any day now.”
Gold-silver-zinc-copper-lead production is slated to begin in 2014. This will be the culmination of a long struggle. Plunging metal prices in 1957 shut down Cominco’s northern BC polymetallic operation after six years of operation. Resuscitation attempts by Redcorp Ventures a half-century later were dogged by local and environmental opposition. As a result, the company gave up on a plan to build a 160-kilometre road to Atlin. An alternate plan, to ship concentrate by barge to Juneau, also faced resistance. Environment Canada ordered the company to build a water treatment plant to clean up toxins left flowing since 1957.
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