Redcorp Ventures Ltd.: Tulsequah Project Permitting Progress.VANCOUVER, British Columbia -- REDCORP VENTURES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :RDV RDV Rendez-Vous RDV Rendezvous (Buick SUV) RDV Rapid Design Visualization RDV Rice Dwarf Virus RDV Recommended Daily Value RDV Repeatable Digital Validation RDV Reference Dose Values RDV Rotary Drum Vacuum ) (the "Company") is pleased to provide an update on progress in finalizing environmental permitting for the proposed Tulsequah Chief Mine re-development project. The Tulsequah Chief property is owned and operated by Redfern Resources Ltd. - the Company's wholly-owned subsidiary - and is located in northwestern British Columbia, 100 kilometers south of the town of Atlin. Redfern previously received a Project Approval Certificate from the province of British Columbia on December 12, 2002, marking satisfactory conclusion to the extensive BC Environmental Assessment Act review and decision process. Included in that Certificate were requirements to satisfy two pre-development conditions for further studies related to proposed mine tailings Tailings (also known as tailings pile, tails, leach residue, or slickens[1]) are the materials left over[2] after the process of separating the valuable fraction from the worthless fraction of an ore. dam site stability and chronic toxicity chronic toxicity Toxicology A condition caused by repeated or long-term exposure to low doses of a toxic substance testing of proposed effluent from the mine wastewater treatment plant Wastewater treatment plant also called wastewater treatment works
Redfern had previously received a Canadian Environmental Assessment Act (CEAA CEAA Canadian Environmental Assessment Agency CEAA Certificat d'Études Approfondies en Architecture (French) CEAA Chicago Executive Airport Association (Wheeling, IL) ) screening level approval from the federal government in 1998. Subsequent amendments to the project design necessitated a supplementary CEAA screening amendment decision. This process commenced in May 2004 and is currently in its final stage. Fisheries and Oceans Canada Fisheries and Oceans Canada (DFO), is the department within the government of Canada that is responsible for developing and implementing policies and programs in support of Canada's economic, ecological and scientific interests in oceans and inland waters. and Transport Canada have issued their CEAA screening supplementary report for final public comment during the period January 5 to February 18, 2005. The report concludes with their determination that "with the implementation of the proposed mitigation measures the project is not likely to cause significant adverse environmental effects." The federal authorities have announced that they will conclude the CEAA screening decision once all public comments have been received and considered. In other areas, Redfern is currently working with AMEC AMEC African Methodist Episcopal Church AMEC Agent Mediated Electronic Commerce AMEC Arctic Military Environmental Cooperation AMEC Advanced Micro-Fabrication Equipment Inc AMEC Association of Media Evaluation Companies E&C Services Ltd. to provide them with all necessary information to complete an independent resource estimate for the project compliant with the requirements of National Policy 43-101. The resource estimation is in progress and results will be disclosed once the resource estimation is completed. Redfern proposes to then finalize mine planning and reserve calculations in conjunction with an update of the previous Feasibility Study, under the direction of Hatch Engineering. Redcorp Ventures Ltd. is a Vancouver based mineral exploration and development Company with active projects in British Columbia, Canada and Portugal. Further information on Redcorp and the Tulsequah Project can be obtained on the Company's website at www.redcorp-ventures.com and at Redfern's website at www.redfern.bc.ca. ON BEHALF OF THE BOARD OF DIRECTORS OF REDCORP VENTURES LTD. Terence Chandler, President Robert G Carmichael, P.Eng. is Vice-President of Exploration and the designated QP for the Tulsequah Project. He has supervised the exploration, drillhole planning and quality assurance/quality control of sampling at the project since 1995. Analyses of drill core samples are obtained from sawn core using standard fire assay techniques and AA finish. Assaying is conducted by EcoTech Labs in Kamloops BC. QA/QC QA/QC Quality Assurance/Quality Control includes the use of randomly inserted standards, field duplicates and blank samples. 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. News Release 05-01 Redcorp Ventures Ltd. (TSX:RDV) |
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