Jun 16 2015
Midas Gold Corp. is pleased to announce it has been presented with the 2015 Environmental Excellence Award from the Idaho Association of Commerce & Industry in recognition of innovative environmental leadership and accomplishment, which have achieved outstanding results in environmental protection and enhancement.
Midas Gold was recognized for investing time, resources and expertise into restoring areas of pre-existing environmental disturbance, improving local water quality, and enhancing fish habitat in the Stibnite-Yellow Pine area of central Idaho, while moving forward with mineral exploration through sustainability initiatives that minimize environmental impact.
"Midas Gold is honoured to receive this award from one of Idaho's leading business associations," said Stephen Quin, President & CEO of Midas Gold Corp. "Our focus on the restoration of the Stibnite Gold Project site is part of a long term commitment to environmental improvement and sustainable development, and we look forward to building on these efforts in the future."
The Stibnite-Yellow Pine mining district has been impacted by nearly 100 years of mining activities conducted by prior operators. Midas Gold hopes to revive this historic mining area through a carefully planned redevelopment program that is based upon clean-up and restoration of the site as well as significant, well-paid employment over an almost 20-year period.
Please see the annual Sustainability Report (available at www.midasgoldidaho.com) for details of Midas Gold's current restoration activities at the Stibnite Gold Project site and its efforts to develop sustainable forms of energy. Over the past several years, more than 30,000 trees have been planted to reduce sediment runoff and improve water quality, eight acres of historically disturbed lands have been restored, and more than 30 tons of scrap metal left by prior operators have been recycled or removed. Midas Gold has also established a solar power system at Stibnite which has greatly reduced diesel fuel consumption for its camp and on site activities. These achievements were accomplished in parallel with its exploration activities, where 100% of its drill sites have been reclaimed, and which generated significant investment in the project, expenditures in the surrounding communities and local employment.