- Braveheart (BHT) receives a decision from the BC Environmental Assessment Office regarding its Bull River Mine Project
- The company has been told that its Bull River Mine Project near Cranbrook, BC, has been designated non-reviewable under the Environmental Assessment Act
- The Chief Executive Assessment Officer further determined that the potential effects of the Project can be appropriately managed through the permit amendment process
- The Chief Executive Assestment Officer also added that it would not be in public interest to designate the Project as reviewable
- The CEO of Braveheart Rousources added that the deicition allows many different parties to renew the process of the companys proposed amendments
- Braveheart Resources (BHT) is up over 7 per cent, trading at C$0.08 at 11:02 am EST
Braveheart Resources (BHT) has been told that its Bull River Mine Project near Cranbrook, BC, has been designated non-reviewable under the Environmental Assessment Act.
On March 21, 2022, the EAO received written notification from the Ktunaxa Nation Council requesting that Braveheart’s proposed amendments to its Mines Act permit M-33 and its Environmental Management Act permit to restart the project.
The evaluation of the request and the reasons for the decision by the Chief Executive Assessment Officer are posted publicly and can be viewed at EAP Project Information Centre.
The Chief Executive Assessment Officer further determined that the potential effects of the Project can be appropriately managed through the permit amendment process under the Mines Act and Environmental Act which will include consultation with KNC and the Shuswap Indian Band, and that it would not be in the public interest to designate the Project as reviewable.
Ian Berzins, President and CEO, commented, “We are extremely pleased with this determination by the EAO. The project is already subject to a robust and comprehensive regulatory process under the Mines Act and Environmental Management Act that includes consultation with Indigenous nations.”
“This decision allows the Major Mines Office of the Ministry of Energy, Mines and Low Carbon Innovation and Mining Operations of the Ministry of Environmental and Climate Change Strategies to renew the process of reviewing the company’s proposed amendments to its existing permits, which for the last six months has been held in abeyance pending a determination,” added Berzins.
Braveheart is a mining company primarily focused on two near-term copper production assets in Canada.
Braveheart Resources (BHT) is up over 7 per cent, trading at C$0.08 at 11:02 am EST.
