TORONTO, Sept. 1, 2017 /CNW/ - AuRico Metals Inc. (TSX: AMI), ("AuRico" or the "Company") today announced that it has submitted its permit applications to the Major Mines Permitting Office ("MMPO") for the wholly-owned Kemess Underground Gold-Copper project located in British Columbia, Canada. The Kemess Underground project is undergoing a coordinated permitting review process, meaning that all of the required permit applications have been submitted and will be reviewed at the same time.
With the submission of the permit applications to the MMPO, the 45-day screening process to ensure that the applications are complete will now commence. Once the permit applications have been screened, and if accepted, the applications will enter the review phase, during which comments will be received and addressed under specified timelines. The final decision packages will then be sent for approval. The permitting process is anticipated to be completed in Q2 2018.
As previously announced on March 15, 2017, the Canadian Environmental Assessment Agency ("CEAA") issued a positive Decision Statement and the British Columbia Environmental Assessment Office ("EAO") granted an Environmental Assessment Certificate for the Kemess Underground project.
About AuRico Metals
AuRico Metals is a mining development and royalty company with a 100% interest in the Kemess property in British Columbia, Canada. The Kemess property hosts the feasibility-stage Kemess Underground Gold-Copper Project, the Kemess East Project, and the infrastructure pertaining to the past producing Kemess South mine. AuRico's royalty portfolio includes a 1.5% NSR royalty on the Young-Davidson Gold Mine and a 2% NSR royalty on the Fosterville Mine, as well as a portfolio of additional producing and pre-production royalty assets located in North America and Australia.