- Black Mountain Gold (BMG) received approval from the Bureau of Land Management (BLM) for the exploration plan at its Mohave Gold Project in Arizona
- BLM informed the company the Final Environmental Assessment, Decision Record and Finding of No Significant Impacts documents have been finalized
- Black Mountain Gold is a gold exploration company
- Black Mountain Gold (BMG) closed unchanged trading at $0.365 per share
Black Mountain (BMG) received approval for its exploration plan at its Mohave Gold Project in Arizona.
BLM informed the company the Final Environmental Assessment, Decision Record, and Finding of No Significant Impacts documents have been finalized.
Graham Harris, CEO and Director, stated,
“The granting of approval for the company’s Environmental Impact Assessment (EIA) and revised plan for Mohave is a significant milestone for the project. The plan is now permitted for up to 600 drill sites and associated roads and infrastructure, enhancing the attractiveness of the Mohave Project as we continue to review strategic options to advance the project.”
The exploration plan of operation includes 600 drill sites with sumps situated at the Klondyke, Apex, Jim and Jerry, Scout, and Golden Door prospects in the north and the Dixie Queen prospect in the south, as well as up to two water monitoring wells. Initiation of exploration activities is contingent on the company providing a financial guarantee for the reclamation costs of 206 drill sites which is approximately US$360,000.
Black Mountain Gold is a gold exploration company.
Black Mountain Gold (BMG) closed unchanged trading at $0.365 per share.