MINI NG
Mines Management advancing Montanore
silver-copper project
by Peter Caulfield
Mines Management, Inc. [MGT-TSX;
MGN-NYSE MKT] recently announced
an update on its marquee Montanore
silver-copper project in Montana, US.
Mines Management president and CEO
Glenn Dobbs said, ���Significant progress
has been made on the permitting process
for the Montanore Project over the past
quarter, and while the timing is always
a significant variable, there are very few
steps remaining in the permitting process.
���The biological consultation and
preparation of the biological opinion are
underway. [When completed, they] are
expected to be followed by the final environmental impact statement and record
of decision...we are pleased that the
environmental impact statement is being
constructed to address the major environmental concerns raised by the public...
when the process is complete, all major
questions should have been addressed.���
In addition, the company is working with
the US Army Corps of Engineers on the
404 permitting process.
Mines Management is focused on
advancing and developing the Montanore
silver-copper deposit, which it says is one
of the largest, undeveloped, silver-copper
deposits in the world. The deposit is
located in northwestern Montana, about
40 miles north of the Silver Valley of
Idaho, in one of the world���s most prolific
silver districts.
Montanore is situated at the northern
end of a trend, extending south to the
Coeur d���Alene silver district, which has
produced more than 1 billion ounces of
silver.
A recent independent technical report
confirmed the existence of a large silvercopper deposit containing approximately
116 million tons of material grading
approximately 2.0 oz silver/ton and 0.74%
28 www.resourceworld.com
Roof bolting, Montanore Silver Copper Project, Montana USA. Photo courtesy of
Mines Management Inc.
MARCH 2013
