GOLD-COPPER: AuRico step closer to Kemess underground

BRITISH COLUMBIA – AuRico Metals of Toronto is one step closer to development at the Kemess underground gold-copper project 430 km northwest of Prince George, in the Toodoggone River area. The BC Environmental Assessment Office has approved the application information requirements for the mine. AIR specify the information that must be contained in the environmental assessment (EA) for the project. The environmental assessment application is now compete, and AuRico has submitted copies to three First Nations (the Tse Key Nay). AuRico will forward the EA to the government within six weeks. Chris Richter, president and CEO of AuRico said, “We view the EA as a significant de-risking catalyst for the Kemess underground project and we continue to target the fourth quarter of 2016 for the receipt of governmental decisions on the project.” AuRico plans to release an updated Kemess feasibility study and Kemess East resource estimate in Q1 2016. The previous feasibility study called for a pre-production capital commitment of $451 million to develop a project with an annual output of 105,000 oz of gold and 44 million lb of copper. Learn more at AuRicoMetals.ca.