May 2 2013
Trevali Mining Corporation ("Trevali" or the "Company") is pleased to announce that it has received the Approval to Operate ("Approval") for its Caribou Mine from the Province of New Brunswick ("Province").
The Approval authorizes Trevali to operate the underground mine, surface mineralized material storage and crushing facility, the concentrator plant, mine water treatment plant and tailings impoundment. The permit also includes all land, buildings, processes and activities associated with the operation of the Caribou Mine and enables Trevali to construct new structures within the currently disturbed area.
The Approval comes following the Limited Environmental Liability Agreement signed earlier this year with the Province regarding the historic environmental liabilities at the Caribou mine and mill complex located in the Bathurst Mining Camp (see January 31, 2013 News Release TV-NR-13-02 for details).
"We are very pleased that Trevali has received its Approval to Operate permit for the Caribou project and is commencing its restart program," said New Brunswick Energy and Mines Minister Craig Leonard. "This is another milestone towards bringing the mine and mill to operation and creating significant job opportunities in the northern region of the Province."
"We are very happy to receive the final Approval to Operate from the Province for our Caribou project and look forward to the planned recommencement of mining and milling operations following our re-start program," stated Dr. Mark Cruise, Trevali's President and CEO. "In spite of adverse global market conditions we continue to advance our Bathurst Camp production strategy and fully appreciate the dedication and ongoing support of the Province, local communities of Bathurst and Miramichi, and the Mi'gmag First Nations."