Victoria Gold CEO says company won’t fold, contamination minor

Date:

However, McConnell says the company doesn’t agree with some efforts by the territorial government to step in with contractors to build a berm because it may create environmental and safety issues. But the company is helping the effort, he said. He made the comments in an interview the CBC aired on Tuesday.

It followed on the same day the company’s first printed statement since July 12, which said it continues to find “trace amounts” of cyanide, used in gold mining to separate the metal form ore, in a local creek. It’s proposing to send some of the contaminated water on site back to the heap leach pad so that containment ponds aren’t overwhelmed.

“The company and its third-party experts have determined that a modest irrigation strategy to the areas of the heap leach facility (HLF) that were not impacted by the HLF incident is a safe water management plan,” Victoria said.

It “will allow time for the company to…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...