Battle Mountain Gold Appeals Court Ruling On Crown Jewel Mine.Business Editors DENVER--(BUSINESS WIRE)--March 15, 2000 Crown Resources Corporation today announced that its partner on the Crown Jewel gold project, Battle Mountain Gold Company, has filed a petition with the Okanogan County Superior Court in the State of Washington seeking reinstatement of the water rights and the 401-Water Quality Permit. The project had obtained approval of the water rights and the 401-Permit from the Washington Department of Ecology The Washington Department of Ecology, or simply, Ecology, is an environmental regulatory agency for the State of Washington. The department administers laws and regulations pertaining to the areas of water quality, water rights and water resources, shoreline management, (WDOE WDOE Washington Department Of Ecology ) in 1997 and 1999, respectively. The Pollution Control Hearings Board (PCHB PCHB Pollution Control Hearings Board PCHB Pre-Charge Half-Buffer ) reversed the water rights and vacated the 401-Permit in January 2000, in response to an appeal by mine opponents. According to Battle Mountain's petition, the ruling by the PCHB is not supported by substantial evidence developed by the WDOE during its eight years of environmental studies and is inconsistent with applicable law, regulations and policy. Crown is a U.S. domiciled gold exploration company with properties in the U.S. and Mexico and a 57%-equity interest in Solitario Resources Corporation (SLR-Toronto Stock Exchange). Crown is traded on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market System under the trading symbol CRRS CRRS Comprehensive Records Retention Schedule CRRS Combat Readiness Reporting System CRRS Comprehensive Risk Reduction Specialist and the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol CRO. The information set forth above includes "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. Factors that could cause results to differ materially from those projected in the forward-looking statements include, but are not limited to, the timing of receipt of necessary governmental permits, the results of judicial proceedings, the market price of gold, results of current exploration activities and other risk. |
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