Goliath Gold Project - Federal Funding Allocated to Participate in the Environmental Assessment

OTTAWA, July 12, 2013 /CNW/ - The Canadian Environmental Assessment Agency has allocated a total of $126,422 to four applicants to support their participation in the federal environmental assessment of the proposed Goliath Gold Project located in Ontario.

This funding was made available to the public and Aboriginal groups through the Participant Funding Program administered by the Agency. It will enable participation in upcoming steps of the environmental assessment, such as consultation related to the Environmental Impact Statement and consultation on the draft Environmental Assessment Report.

Details of Allocation

Applicant	Allocation
Eagle Lake First Nation	$41,050
Métis Nation of Ontario, on behalf of the Métis Nation of Ontario Region #1 Consultation Committee	$40,000
Aboriginal People of Wabigoon	$34,872
Wabauskang First Nation	$10,500
Total	$126,422

For more information on the Participant Funding Program, the federal environmental assessment process and the project, please visit the Agency's website at www.ceaa-acee.gc.ca (Registry reference number: 80019).

As part of the strengthened and modernized Canadian Environmental Assessment Act, 2012 put in place to support the government's Responsible Resource Development Initiative, the Agency is conducting a federal environmental assessment of this project.

This project is being assessed using a science-based approach. If it is permitted to proceed to the next phase, it will continue to be subject to Canada's strong environmental laws, rigorous enforcement and follow-up and increased fines.

The Proposed Project
Treasury Metals Limited, the proponent, is proposing the construction, operation, decommissioning, and abandonment of an open-pit and underground gold mine and associated infrastructure. The proposed mine, located 20 kilometres east of the city of Dryden, will have an ore production capacity of 2,500 tonnes per day with an anticipated mine life of approximately 10 to 12 years. Ore would be processed on-site to produce a final doré bar that would be shipped off-site for further refining and upgrading. The proponent owns its property, which is proximate to infrastructure (electricity, natural gas, and highways).

The Canadian Environmental Assessment Agency administers the federal environmental assessment process, which identifies the environmental effects of proposed projects and measures to address those effects, in support of sustainable development.

SOURCE: Canadian Environmental Assessment Agency

For more information, media may contact: 
Sofie McCoy-Astell
Communications Advisor
Canadian Environmental Assessment Agency
Telephone: [phone]
E-mail: [email protected]