Cumberland Submits Draft Environmental Impact Statement 'DEIS' to the Nunavut Impact Review Board.VANCOUVER, British Columbia -- CUMBERLAND RESOURCES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (TSX:CBD (Component Based Development) Building applications with components (objects). See component software. CBD - component based development )(AMEX AMEX See: American Stock Exchange :CBD) announces that the Company's Draft Environmental Impact Statement (DEIS) for development of the Meadowbank gold project has been received by the Nunavut Impact Review Board (NIRB NIRB Near Infrared Background NIRB NIMA-IMINT Review Board ). The DEIS advances the permitting process at Meadowbank, a proposed open pit operation to be constructed 70 kilometres north of the Hamlet of Baker Lake, Nunavut Baker Lake or Qamani’tuaq (where the river widens) (2006 Population 1,728) (Inuktitut syllabics:ᖃᒪᓂᑦᑐᐊᖅ), is a hamlet in Nunavut on mainland Canada. Territory. Cumberland is proposing a 12 to 14 year project life at Meadowbank including a 2-year construction period followed by 8 to 10 years of mine operation and a 2-year post-closure period. Meadowbank is host to the third largest undeveloped gold resource in Canada with six closely-spaced, near surface gold deposits. 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 nearing completion and is expected to be completed in the next several months. "The DEIS summarizes a nine year commitment to environmental baseline studies, community consultation and a careful engineering and design process Cumberland has undertaken at the Meadowbank project. It is a project that will provide significant, long term economic benefits to the people of Baker Lake, the Kivalliq district and Nunavut as a whole while safeguarding the land, waters and the wildlife," said Kerry Curtis, Cumberland's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Community consultations will be ongoing throughout the upcoming review process and we encourage residents of Baker Lake and the Kivalliq district to contact our community liaison office in Baker Lake with questions or concerns." The Meadowbank project is being reviewed under a NIRB Part 5 review as provided under Article 12 of the Nunavut Land Claims Agreement The Nunavut Land Claim Agreement is a 1993 land claims agreement between the Inuit of the Nunavut Settlement Area (then part of the Northwest Territories) and the Government of Canada subject to the Constitution Act of 1982. and existing Federal legislation. Following a period of review and initial hearings, Cumberland will prepare a Final EIS document, which will include responses to matters raised through the NIRB review period. Cumberland is a mineral exploration and development company which holds interests in two undeveloped gold projects in Canada: Meadowbank (100%) and Meliadine West (22% carried to production). Cumberland is well financed and is advancing the Meadowbank project to production. CUMBERLAND RESOURCES LTD. Kerry M. Curtis, B.Sc., P.Geo., President and CEO This document contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward looking statements. Cumberland Resources Ltd. (TSX:CLG) (AMEX:CLG) |
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