VANCOUVER,
March 13, 2013 /CNW/ - Calico
Resources Corp. (TSXV: CKB), (OTCQX: CVXHF) (the "Company" or
"Calico") is pleased to announce they have completed their second
major advance in the State of
Oregon Division 37 Chemical Process Mining Program.
All pre-mining environmental, economic and cultural baseline study
work plans have been approved by the State of Oregon. The Company is now
implementing these studies and concurrently preparing the necessary
operating and reclamation plans along with state, local and federal
applications. This approval culminates an eight month
cooperative program with the State of
Oregon and involved federal and county agencies.
"Calico has achieved a second significant milestone in our
efforts to permit the Grassy Mountain Gold Mine", stated
Buck Morrow, President and
CEO. "Calico is pleased that the TRT voted unanimously to
approve the Final Order. We have remained focused on the permitting
effort, and it will continue to pay important dividends. The
permitting process has proceeded in a timely fashion and well
within estimated cost. We are now moving forward to prepare
the Consolidated Permit Application, working closely with the
Oregon Department of Geology and Minerals Industries
(DOGAMI). Approval of this single-package, total-permit
authorization will allow the project to be constructed in a timely
fashion."
On March 11, 2013, Calico was
advised in a letter from Gary Lynch,
DOGAMI Assistant Director of Regulation, Mined Land Regulation,
that the Technical Review Team (TRT) had approved Calico's baseline
date work plans to study pre-mine conditions for environmental
economic and cultural resources at the proposed mine site in
Malheur County, Oregon. This
culminates an extensive interactive review process involving over
13 state, county, and federal agencies. The final order can
be viewed at the DOGAMI website at
http://www.oregongeology.org/pubs/nr/press-release-2013-03-11.pdf.
"This is a significant milestone in the Oregon chemical process mine permitting
regulations, and Calico is the first company in Oregon to proceed this far in the Oregon permitting process," said Gary Lynch, DOGAMI Assistant Director of
Regulation, Mineral Land Regulation and Reclamation Program.
"Calico is now moving ahead to complete the environmental data
collection component of the permitting process. More
importantly, this approval allows us to prepare all necessary
regulatory applications needed to build the project. We have
already begun to prepare the operating plan, reclamation and
closure plan, and certain permit applications", said Vance Thornsberry, VP Exploration. "We are
very excited about this progress and our strong working
relationship with the State of
Oregon, Malheur County, and
involved federal agencies. The DOGAMI Division 37 Chemical
Process Mining Consolidated Permitting Process is designed to
streamline and/or unify the complex environmental permitting
process in which we operate today within the mining industry.
The process is working, and we are pushing ahead with
confidence."
"For some areas of baseline study, one year of data will be
needed to assemble a consolidated application. During the one-year
period of baseline data collection, Calico Resources will also
develop the project's operating plan, reclamation and closure plan,
alternatives evaluation, and financial security analysis for all
reclamation and post-closure monitoring program costs, all of which
are required under Oregon law to
support the project's consolidated permit application."
(http://www.oregongeology.org/pubs/nr/press-release-2013-03-11.pdf
DOGAMI press release March 11,
2013)
The proposed Grassy Mountain Gold Mine Project is located in
Malheur County, Oregon,
approximately 25 miles south-southwest of Vale, Oregon. The project area includes
patented and unpatented lode mining claims, as well as private land
currently under lease for mineral exploration and
development. The proposed underground mine, mill, and
ancillary facilities are all located on patented mining claims or
private fee land controlled by Calico. The areas are linked
by road on federal managed by the Bureau of Land Management.
. Calico is proposing to construct an underground mine and
surface mill complex to develop the Grassy Mountain gold
resource.
Michael F. McGinnis, Calico's
Project Manager/Exploration, is a Qualified Person as defined by
National Instrument 43-101 is not independent of Calico, as that
term is defined in NI 43-101, and has reviewed and approved the
technical contents of this news 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."
SOURCE Calico Resources Corporation