VANCOUVER, Nov. 11, 2014 /CNW/ - Yellowhead Mining Inc. ("Yellowhead" or the "Company") (TSX: YMI) today announces that it has submitted its application for an environmental assessment certificate ("EA Application") for the Harper Creek Project to the BC Environmental Assessment Office ("BC EAO") in accordance with the provisions of the British Columbia Environmental Assessment Act. The EA Application was also submitted to the Canadian Environmental Assessment Agency ("CEA Agency"), as the EA Application constitutes an Environmental Impact Assessment ("EIS") under the Canadian Environmental Assessment Act.
"The submission by Yellowhead of the EA Application/EIS for the Harper Creek Project to the BC EAO / CEA Agency marks the end of a 10 month process to completely update, restructure and rewrite the EA Application/EIS, and represents another milestone in the development of Harper Creek" noted Mr. Frank D. Wheatley, CEO of Yellowhead.
"The EA Application/EIS reflects our efforts over the past year to incorporate a series of design improvements, with a particular focus on waste and water management, to further reduce and mitigate the potential environmental impacts resulting from the development of Harper Creek" continued Mr. Wheatley.
EA Application for the Harper Creek Project
With the submission of the EA Application to the BC EAO, the 30-day screening period to ensure that the EA Application is complete, has now commenced. Once the EA Application has been screened and accepted by the BC EAO, the BC EAO has a 180-day period to complete its review, with the involvement of a Working Group, including representatives of First Nations and local governments and other government agencies. The BC EAO then prepares an assessment report for a decision by the Minister of Environment and the Minister of Energy and Mines on granting an environmental assessment certificate for the Harper Creek Project. In coordination with the British Columbia provincial permitting process, the CEA Agency will review the EIS.
In April 2013, the Company submitted its original application for an environmental assessment certificate for the Project to the BC EAO. In May 2013, the BC EAO identified a number of deficiencies with, and provided a number of comments on, the original application, and requested that the Company address such deficiencies and comments. The EA Application submitted to the BC EAO today addresses all of those comments and deficiencies.
About the Harper Creek Project
Harper Creek is a proposed 70,000 tonnes-per-day open pit copper mine with a 28 year mine life, located in the Thompson – Nicola region of British Columbia near Vavenby. Harper Creek has a four year development period, with the initial two years focused on environmental and construction permitting, and the second two years dedicated to construction. When developed, Harper Creek will provide up to 660 jobs during construction and up to 450 permanent jobs during operations.
About Yellowhead Mining Inc.
Yellowhead Mining Inc. is a development stage company with a 100% interest in the Harper Creek Project located in the North Thompson - Nicola region of British Columbia, Canada. The proposed Harper Creek mine will be a large scale, long life, low cost open pit copper mine, has a NI 43-101 compliant feasibility study, and is currently in the environmental permitting phase of development.
For more information on Yellowhead and the Harper Creek Project, please visit Yellowhead's website at www.yellowheadmining.com.
Cautionary Note Regarding Forward Looking Statements
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements, including, among others, the accuracy of mineral grades and related assumptions, inherent operating risks, planned expenditures, proposed exploration and development at the Harper Creek Project, operating and economic aspects of the Harper Creek Project, as well as those risk factors identified in the Company's Annual Information Form filed under the Company's SEDAR profile. Yellowhead undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. More detailed information about potential factors that could affect projected results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Yellowhead.
SOURCE: Yellowhead Mining Inc.
For further information: Frank D. Wheatley, Chief Executive Officer, 604-681-1709 Ext. 212, Email: [email protected], Website: www.yellowheadmining.com, Twitter: http://twitter.com/YMI_Mining