Buck Morrow CEO of Calico Testifies at Public Hearing for the permitting of Grassy Mountain Project
02 Settembre 2012 - 10:58AM
PR Newswire (Canada)
VANCOUVER, Sept. 5, 2012 /CNW/ - Calico Resources Corp. (the
"Company") or "Calico") is pleased to announce that the first
public hearing on the Grassy Mountain "Oregon Consolidated
Application and Permitting Process" was very positive and well
attended. Approximately 24 members of the Project
Coordinating Committee (PCC), representing State, Federal and
County Agencies participated in the meeting, along with 75-80
members of the general public consisting of interested citizens,
community leaders, stakeholders and non-governmental organizations
(NGO's). All formal testimony from the public comment portion
of the meeting was supportive of Calico and the Grassy Mountain
Project. The meeting was held in Ontario, Oregon on August 14,
2012, in the commercial center of Malheur County, Eastern Oregon,
easily accessible for all stakeholders and interested
parties. The meeting was chaired by Gary Lynch, Assistant
Director, DOGAMI (Oregon Department of Geology and Mineral
Industries). Mr. Lynch gave an overview of DOGAMI, its role
as the lead agency in the consolidated application process and
summarized the current status of the Grassy Mountain
permitting. Mr. Larry Knudsen, Senior Assistant Attorney
General, Oregon Department of Justice, presented an overview of
Division 37 Chemical Process Mining Law, rules and regulations
facilitating mine permitting in Oregon and the role of the PCC
during the permitting process. Mr. Arden "Buck" Morrow, President
and CEO, assisted by Vance Thornsberry, VP Exploration and Rick
Richins, Environmental Coordinator gave a presentation introducing
the audience to Calico and the Calico team, the Grassy Mountain
conceptual mine plan and processing facility, Calico's vision for
the project and the Company's plans moving forward through the
permitting phase. Buck Morrow stated at the meeting "Calico
feels the consolidated application process under Division 37 is
well structured, offers transparency and contains clear guidelines
and a timetable amenable to moving the project forward in a timely
and efficient manner." On August 15(th) Calico organized a site
tour of the Grassy Mountain Project for the PCC, members of the
community and NGO's. Mr. Morrow and Thornsberry provided
information on geology, mining, processing and
infrastructure. A special guest, Skip Yates P.G., the
discoverer of Grassy Mountain, discussed how the deposit was first
discovered 30 years ago. "We are very pleased with the
positive feed-back from the PCC on the site visit; boots-on-the
ground perspective is invaluable, said Vance Thornsberry." About
Grassy Mountain The Grassy Mountain Project contains NI 43-101
compliant (see March 29, 2012 Technical Report) Indicated resources
of 1,271,300 ounces of Au in 37,471,000 tonnes averaging 1.055 g/t
at a 0.34 g/t cutoff and Inferred resources of 305,600 ounces of Au
in 15,733,300 tonnes averaging 0.604 g/t at a 0.34 g/t cutoff.
Contained in the resource above, is a higher grade NI 43-101
compliant resource suitable for underground mining with Indicated
resources of 540,200 ounces Au in 3,195,400 tonnes averaging 5.258
g/t at a 2.06 g/t cutoff and Inferred resources of 58,500 ounces Au
in 302,600 tonnes averaging 6.010 g/t at a 2.06 g/t cutoff.
Qualified Person Michael McGinnis, Calico's Exploration Project
Manager, is a Qualified Person as defined by National Instrument
43-101 and has reviewed and approved the technical contents of this
release. On behalf of the Board, Arden (Buck) Morrow President and
CEO "Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release." Calico Resources Corporation CONTACT:
please call: Terri Anne WelykiVice-President of Corporate
Development(604) 681-6855
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