HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Eagles Nest Project Public Comments Invited and Federal Funding Available

http://www.ceaa.gc.ca/050/document-eng.cfm?document=53137

Canadian Environmental Assessment Agency

Public Notice

Eagle’s Nest Project
Public Comments Invited and Federal Funding Available

The Canadian Environmental Assessment Agency (the Agency) is starting a comprehensive study type of environmental assessment for the proposed Eagle’s Nest Project located in northern Ontario. The Agency invites the public to comment on the project and the conduct of the comprehensive study.

The Agency has prepared the draft Environmental Impact Statement (EIS) Guidelines that identify potential environmental effects to be addressed and information that needs to be included in the proponent’s EIS. Public comments on the draft EISGuidelines are invited and will be reviewed and considered before the document is finalized and issued to the proponent.

The draft EIS Guidelines and more information on this project are available on the Agency’s website (registry reference number 11-03-63925). To obtain a paper copy of the document, contact the project manager listed in this notice. The document is also available for viewing at the following locations:

All comments must be sent by December 16, 2011 to:

Eagle’s Nest Project
Canadian Environmental Assessment Agency
Dave Bell, Project Manager
55 St. Clair Avenue East, Suite 907
Toronto
ON M4T 1M2
Telephone: 416-952-1576
Fax: 416-952-1573
EaglesNest@ceaa-acee.gc.ca

All comments received will be considered public and will become part of the project file. This is the first of several public comment periods that will occur during the environmental assessment of this project.

$40,000 available for public participation

The Agency is making available $40,000 under its participant funding program to assist groups and individuals to participate in activities related to subsequent public consultations during this environmental assessment.

Applications received by December 16, 2011 will be considered. Information on the Participant Funding Program, including a guide and the application form, is available on the Agency’s website. To submit an application or to obtain additional information on the program, contact:

Participant Funding Program
Canadian Environmental Assessment Agency
Ina Zanovello
160 Elgin Street, 22nd Floor
Ottawa ON K1A 0H3
Telephone: 1-866-582-1884 or (613) 960-0282
Fax: 613-948-9172
PFP.PAFP@ceaa-acee.gc.ca

The Project

The proposed project consists of constructing, operating and eventually decommissioning an underground nickel-copper-platinum multi-metal mine at a mining rate of approximately 2,960 tonnes per day which represents an anticipated mine life of approximately 11 years. The proposal also includes an underground concentrate processing facility, an all-season access road from Pickle Lake to Webequie Junction, concentrate pipeline from Webequie Junction to the mine site and ancillary mine infrastructure.

This project is also subject to the environmental assessment requirements of the Province of Ontario. Canada and Ontario are coordinating the respective environmental assessment processes for this project.

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.

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