Emgold Mining achieves important permitting milestone for the Idaho-Maryland Mine
2007年6月25日 - 11:30PM
PRニュース・ワイアー (英語)
TSX Venture Exchange: EMR OTC Bulletin Board: EGMCF U.S. 20-F
Registration: 000-51411 Frankfurt Stock Exchange: EML VANCOUVER,
June 25 /PRNewswire-FirstCall/ -- Emgold Mining Corporation
(EMR-TSX Venture) (the "Company" or "Emgold") is pleased to
announce that the City of Grass Valley ("City") has issued a Letter
of Completeness to the Idaho-Maryland Mining Corporation ("IMMC"),
the US subsidiary of Emgold Mining Corporation, engaged in
permitting and subsequently re-developing the Idaho-Maryland Gold
Mine located in Grass Valley, California. In June of 2006 the City
completed a Master Environmental Assessment ("MEA"). The MEA
outlined items regarding the development of the Idaho-Maryland and
was the initial basis for local community input. Emgold's
submission of revised application documents contained responses to
City and local resident input, including modifications to the
original application to address community interests. The process of
submitting original documents and then revising them, based on
community input, is a standard and integral part of any mine
permitting process throughout the world regardless of jurisdiction,
and it is provided for under the California Environmental
Permitting Act ("CEQA"). With receipt of the Letter of
Completeness, Emgold is looking forward to initiating the next step
of the permitting process, which includes the preparation of the
Initial Study by the City's consultants which should take
approximately four months to complete. Upon completion of the
Initial Study, the City and their consultants can begin the
Environmental Impact Report ("EIR"). This phase of the permitting
process is expected to take about six months to complete. Following
acceptance of the EIR, the City will determine if a Conditional
Mine Use Permit (a full mine operation permit) will be issued to
IMMC. Currently Emgold Mining Corporation anticipates the Permit
may be issued in approximately one year's time. For more
information about Emgold, the Stewart, Rozan and Jazz Properties in
British Columbia, the Idaho-Maryland Project and the Ceramext(TM)
process, please visit http://www.emgold.com/ or
http://www.sedar.com/. On behalf of the Board of Directors, William
J. (Bill) Witte, P.Eng. President and Chief Executive Officer No
regulatory authority has approved or disapproved the information
contained in this news release. This news release includes certain
statements that may be deemed "forward-looking statements". All
statements in this release, other than statements of historical
facts, that address future production, reserve potential,
exploration drilling, exploitation activities and events or
developments that the Company expects are forward-looking
statements. Although the Company believes the expectations
expressed in such forward looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include market prices, exploitation and
exploration successes, and continued availability of capital and
financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees
of future performance and that actual results or developments may
differ materially from those projected in the forward-looking
statements. For more information on the Company, Investors should
review the Company's filings that are available at
http://www.sedar.com/ or the Company's website at
http://www.emgold.com/. CONTACT: Michael O'Connor, Manager,
Investor Relations, Tel: (604) 687-4622, Fax: (604) 687-4212,
Email: DATASOURCE: Emgold Mining Corporation CONTACT: Michael
O'Connor, Manager, Investor Relations, Tel: (604) 687-4622, Fax:
(604) 687-4212, Email:
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