7 November 2016
TORONTO--(BUSINESS WIRE)-- TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) announces that late on November 4, 2016 the Nunavut Water Board (“NWB”) issued TMAC’s amended Type A Water Licence for Doris to the Honourable Dr. Caroline Bennett, Minister for Indigenous and Northern Affairs Canada (“INAC”) for review and signature. Upon receipt of the Minister’s signature the amended licence supports an extended mine life (from approximately 1.5 years to the current reserve life of 6 years) at the Doris mine and an associated increase in tailings deposition from 458,000 tonnes to 2,500,000 tonnes into the tailings impoundment area.