The Hasbrouck Project includes the Three Hills Mine and the Hasbrouck Mine. The Hasbrouck Project will utilize two separate heap-leach facilities to be located approximately five miles apart. The Three Hills Mine will be constructed and operated first. The Hasbrouck Mine will be constructed after production commences at the Three Hills Mine so as to be ready to produce when Three Hills Mine ceases production after two years.
The Federal permit issued by the BLM for Hasbrouck Mine, as outlined in the 2023 PFS, was processed under an EA, this categorization being decided upon by the BLM in March of 2020. On November 4, 2020, the Company received a positive DR and FONSI for Hasbrouck Mine, completing requirements under NEPA and is a federal permit to build, operate, and close Hasbrouck Mine The federal permit has no expiration date and no annual fees or costs. |