Written by Gordon Hoekstra
Citizen staff
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Thursday, 05 November 2009 |
TTM Resources Inc. has laid out a timeline to develop a $1-billion molybdenum mine in B.C.'s Northern Interior: Hoping for a construction start in 2012.
However, that will depend on a regulatory review process, expected to involve both the B.C. and federal governments.
The company is in the midst of the preliminary phase of the environmental review process which involves carrying out baseline studies on water quality, fisheries, wildlife and archeology on the proposed project, 150 kilometres southwest of Prince George.
TTM Resources senior official Warren Robb said they hope to complete technical studies in the next 13-14 months, with the idea of getting an application in front of the B.C. Environmental Assessment Office so the official provincial review can start in the spring of 2011.
Robb said if the company receives its approvals and permits by the end of 2011, construction could start in 2012.
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Last Updated ( Thursday, 05 November 2009 )
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