Tamerlane Ventures, Inc. Receives Updated Land Use Permit and Water License for its Pine Point Project
April 25, 2012 at 09:30 am EDT
Tamerlane Ventures Inc. announced that the Federal Minister of Aboriginal Affairs and Northern Development Canada has approved and signed a 5-year extension to Tamerlane's Type A Water License for the Pine Point Project. Tamerlane also received its updated Type A Land Use Permit in March of this year. The company's Land and Water permits are valid for the maximum term allowable, which is 5 years, encompassing the construction and mining operations at the R-190 zinc-lead deposit. Although these permits were valid until 2013, last year the company submitted an application to amend the Water License and Land Use Permit, reflecting the change in method of accessing the R-190 ore body from a vertical shaft to a ramp decline. As a result of announcement, both the Water License and the Land Use Permit have been successfully renewed, and are currently in effect for the full maximum term of 5 years, through March 2017.