In a news release dated October 18, 2021, Marathon detailed the team development, procurement, and detailed engineering work that is currently ongoing at the Project. Two rounds of technical information requests based on the EIS have already been completed with the Impact Assessment Agency of Canada (“IAAC”), under a parallel federal Environmental Assessment process. At the end of this 70-day period, a further determination of the acceptability of the EIS will be made. Following its submission, the Environmental Assessment Division of the Department of Environment and Climate Change has an additional 70 days to both complete their review and provide the amended EIS for public review. Marathon expects to complete the work required for the amended EIS in the next several weeks. This will necessitate the submission of an amendment to the Environmental Impact Statement, the second such amendment to be requested. The additional information is in the areas of Caribou Protection and Effects Monitoring, and Effects on Human Health, amongst others.
29, 2021 (GLOBE NEWSWIRE) - Marathon Gold Corporation (“Marathon” or the “Company” TSX: MOZ) reports that the Minister of Environment and Climate Change for Newfoundland and Labrador has notified the Company that the Environmental Assessment Committee for the Valentine Gold Project (the “Project”) has completed its review of the Environmental Impact Study (“EIS”) for the Valentine Gold Project (the “Project”), and that additional information is being requested.