16 December 2016
12/16/2016
TORONTO--(BUSINESS WIRE)-- TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) announces that today the Honourable Dr. Caroline Bennett, Minister for Indigenous and Northern Affairs Canada, approved TMAC’s amended Type A Water Licence for the Doris mine issued by the Nunavut Water Board on November 4, 2016. 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.
In addition to obtaining amendments to the Doris Project Certificate and the Doris Water Licence, both of which have now been received, TMAC has been working on a Draft Environmental Impact Statement required to initiate permitting of operations at the Madrid and Boston sites. This document is in its final stages of preparation and is expected to be submitted shortly.