St Barbara says a revised environmental affect assertion (EIS) for Beaver Dam is in progress with federal approval anticipated in March 2022. When it’s authorized, the corporate will apply for industrial approval from the province, which might enable building to start with the beginning of mining in December 2023.
The EIS for Fifteen Mile Stream is predicted to be full in September 2023, with first manufacturing scheduled to someday in 2025.
Preliminary manufacturing from Cochrane Hill was scheduled for January 2023, however the allow delays and the pending resolution on the Archibald Lake examine have pushed the date again to 2028.
The Touquoy gold mine reached industrial manufacturing in March 2018 and was acquired by St Barbara in mid-2019. The mine produced 106,663 oz. of gold within the 2020 fiscal 12 months. With the acquisition of Moose River Sources earlier this 12 months, St Barbara now owns 100% of the Touquoy mine and close by exploration properties within the Moose River Hall.
(This text first appeared in The Northern Miner)