The Project is located at Stibnite in Valley County approximately 92 miles by air and 144 miles by road northeast of Boise, Idaho, 44 air miles northeast of Cascade, Idaho, and 10 air miles east of Yellow Pine, Idaho.
* See December 2014 Pre-Feasibility Study DOWNLOAD HERE
To ensure the Stibnite Gold Project benefits the environment and the community, and before any mining can begin, we have spent years planning, consulting the community and working with state and federal regulators. The regulatory process will include obtaining more than 50 permits, licenses and approvals. For every authorization we receive, we must meet or exceed strict standards. Equally important to permitting is gathering community feedback. We are always looking for input, because we know that including all interested parties from the beginning will help us develop the best plan possible.
During exploration, our goal was to determine if the project would be economically, environmentally and socially feasible. It is.
We identified the site as a world-class source of gold and antimony.
We dedicated years to studying the environmental needs of the site and engaging community members and stakeholder groups. We have gathered their ideas, listened to concerns and found solutions. We took this process very seriously and will continue to reach out directly to community members and organization, have community advisory groups and host regular town hall meetings.
In 2014, we released our Pre-Feasibility Study (PFS), which compiled all of our research to date, outlined the best ideas for mining the site and areas that needed further investigation. Since then, we’ve identified areas of improvement and additional points to research.
You can read an executive summary of our PFS here.
A Plan of Restoration and Operations (PRO) was prepared and provided to the U.S. Forest Service for review in September 2016. This plan outlines how we propose to restore the site in conjunction with the redevelopment of the Stibnite Gold Project.
Once the Forest Service conducts its adequacy review, the PRO will be available for public review.
An Environmental Impact Statement (EIS) will be the result of an environmental review of the Plan of Operations conducted by the U.S. Forest Service to assess the impacts and benefits of the Stibnite Gold Project. The agency will release the EIS, along with its Record of Decision, after a thorough technical review and considering public input.
After we receive the EIS and a positive Record of Decision from the U.S. Forest Service, we must then earn more than 50 permits, licenses, approvals and authorizations from federal, state and local agencies.
This is the time when we can begin to clean up the impacts from historical mining activity. We anticipate construction will take three years and employ 400 people directly and indirectly create another 300 jobs in the community.
Before construction can commence, we will be required to set aside millions of dollars in a trust for reclamation of the site.
Once construction is complete, we anticipate the mine will operate for at least 12 years and employ up to average approximately 600 individuals and also support the creation of another 500 jobs in the community. During mining, we expect to recover gold, silver and antimony.
Before any mining begins, our project design will ensure that we repair many areas damaged decades ago, as well as reclaiming any areas that we disturb as a result of our activities.
Repair of historical impacts will occur alongside construction and mining, but completely restoring the site will take time, however, the majority of legacy impacts will be addressed either during construction or the first few years of operation. Our reclamation plan includes ongoing work during mining, then dismantling the buildings on site, restoring the natural habitat and monitoring and protecting the health of the area for years after mining has ended. We will put aside the necessary financial resources in a trust to make sure reclamation is complete.
In 2014, an independent Pre-Feasibility Study demonstrated potential for a large-scale, long-life, low-cost open pit gold-antimony mine that stands out from its peers.> Download Study
A proposal for restoration of the historically impacted Stibnite Gold Project site combined with the development of a modern mining operation was submitted to regulators in September 2016. WE hope that you will take the time to read and consider our Plan of Restoration and Operations, and provide us with your feedback. Learn more about our Plan here.Learn More