Blue Pearl files Project Description for Davidson molybdenum deposit.TORONTO -- Blue Pearl Mining (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:BLE) is pleased to announce it has filed with British Columbia's Environmental Assessment Office (the "EAO EAO Environmental Assessment Office EAO Enseñanza Asistida Por Ordenador EAO Environmental Affairs Office EAO Environmental Assistance Office (EU) EAO Economic Assessment Office (NIST) EAO Economy Act Order ") a Project Description for developing the Davidson molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. deposit near Smithers Smithers is a surname, and may refer to: People People with the surname Smithers
The 61-page document formally initiates the environmental assessment process under B.C.'s Environmental Assessment Act. The EAO circulates the document to relevant government agencies and First Nations and makes it available to the public. "This document provides a good overview of our plans to develop the Davidson deposit and I encourage anyone interested in the project to read it," said Blue Pearl's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Ken Collison. The report, prepared by Rescan Environmental Services Ltd., is available at www.bluepearl.ca and will be made available at www.eao.gov.bc.ca and www.rescan.com. The Company proposes construction of an underground mine to produce 2,000 tonnes of ore per day. Crushed ore would be transported off site for processing. An existing adit at 1066 metres elevation would be enlarged for access. Broken ore would be dropped down an internal shaft within Hudson Bay Mountain and extracted through a second adit to be driven at approximately 700 metres elevation. Environmental baseline studies began in April 2005 and will continue through to March 2006. A feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. is being prepared by Hatch Ltd. Based on a technical report compliant with National Instrument 43-101 and filed on SEDAR SEDAR System for Electronic Document Analysis and Retrieval SEDAR Southeast Data, Assessment, and Review , and using a cut-off grade of 0.2% MoS2, the Davidson property is estimated to contain a measured and indicated mineral resource of 83.0 million tons grading 0.295% MoS2 representing 293.5 million pounds of molybdenum (please refer to the Company's Material Change Report dated Jan. 26, 2005, and Technical Report dated February 16, 2005 and filed on SEDAR on March 7, 2005). Gary Giroux, P. Eng., is the independent qualified person in accordance with National Instrument 43-101 and has read and approved this news release. In general, the environmental assessment process identifies and assesses the potential effects that may result from a proposed project and develops measures for managing those effects. It provides opportunities for all interested parties, including First Nations, to identify issues and provide input. Shares outstanding: 40,280,382 The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. does not accept responsibility for the adequacy or accuracy of this release. Blue Pearl Mining Ltd. (TSX VENTURE:BLE) |
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