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Wednesday, 10/31/2012 11:19:57 AM

Wednesday, October 31, 2012 11:19:57 AM

Post# of 95
Government requests more information on proposed diamond mine

Submitted on October 31, 2012 - 6:07am

paNOW Staff
Shore Gold has heard back on its Revised Environmental Impact Statement (EIS) for a proposed diamond mine in Saskatchewan.

The over 10,000 page document on the Star-Orion project located east of Prince Albert was submitted back in August. It generated 56 federal comments and information requests and 73 from the provincial government, said Shore Gold in a release.

The 129 comments is a far cry from the over 800 received from the original EIS, submitted in December 2010.

"The limited number of comments and information requests that may require additional work is encouraging,” said George Reed, vice president of exploration in a release. “Shore is confident that we are steadily progressing towards a fully compliant and permitted project. “

Before the provincial government would be in a position to issue permits, Shore must first respond to each inquiry. After which the project goes through a legislated 30 day public review.

Reed said they are presently focused on satisfying all the provincial and federal requirements for project approval.

“Simultaneous to the ongoing completion of project approval and permitting, Shore is in pursuit of development capital on a number of fronts,” he said.

The estimated cost of construction of the open pit diamond mine is pegged at $1.9 billion.

news@panow.com

http://www.panow.com/node/262371

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