Goliath Gold Project - Federal Funding Available

OTTAWA, April 26, 2013 /CNW/ - The Canadian Environmental Assessment Agency is making available $94,500 to support public participation in the federal environmental assessment of the Goliath Gold Project located in Ontario.

Funding will be provided to eligible individuals and groups to enable their participation in upcoming steps of the environmental assessment such as consultation related to the Environmental Impact Statement and consultation on the draft Environmental Assessment Report.

Applications received by May 27, 2013 will be considered. Recipients will be announced at a later date.

To apply for funding or for more information on the project and the environmental assessment process, visit the Agency's website at www.ceaa-acee.gc.ca (registry reference number 80019) or contact the Participant Funding Program by writing to [e-mail] or by calling 1-866-582-1884.

The Agency's Participant Funding Program also provides funding specifically to Aboriginal groups to assist them to prepare for and participate in consultation activities associated with federal environmental assessment. The amount of funding allocated will be announced at a later date.

As part of the strengthened and modernized Canadian Environmental Assessment Act, 2012 put in place to support the government's Responsible Resource Development Initiative, the Agency is conducting a federal environmental assessment of this project.

This project is being assessed using a science-based approach. If the project is permitted to proceed to the next phase, it will continue to be subject to Canada's strong environmental laws, rigorous enforcement and follow-up and increased fines.

The proposed project
Treasury Metals Limited is proposing the development, construction, operation and closure of an open-pit and underground gold mine and associated infrastructure. The proposed mine site, located 20 kilometres east of the city of Dryden, would process 2,500 tonnes per day of gold for an anticipated mine life of approximately 10 to 12 years. The proponent owns its property, and is proximate to infrastructure (electricity, natural gas, and highways). Ore would be processed onsite to produce a final dore bar that would be shipped off-site for further refining and upgrading.

The Canadian Environmental Assessment Agency administers the federal environmental assessment process, which identifies the environmental effects of proposed projects and measures to address those effects, in support of sustainable development.

SOURCE: Canadian Environmental Assessment Agency

For further information:

Céline Legault
Communications Advisor
Canadian Environmental Assessment Agency
Telephone: [phone]
E-mail: [e-mail]