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TriMetals Mining Inc. Obtains Approval for the Plan of Operations on the Utah Portion of the Gold Springs Project Area

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TriMetals Mining Inc. Obtains Approval for the Plan of Operations on the Utah Portion of the Gold Springs Project Area

 

 

 

 

 

TriMetals Mining Inc. (TSX:TMI) (TSX:TMI.B) (OTCQX:TMIAF) (OTCQX:TMIBF) is pleased to announce that it has obtained approval for its Plan of Operations on the Utah Side of the Gold Springs Property. On September 22, 2015, the US Bureau of Land Management Cedar City Office of the State of Utah issued a Record of Decision and a Finding of No Significant Impact for the Environmental Assessment covering the Utah portion of the Gold Springs project. The acceptance of the Environmental Assessment means that the Company is free to begin the work proposed in its Plan of Operations, which envisions staged exploration activities focused on the expansion of the Jumbo resource and the future testing of the 8 kilometre long Jumbo Trend. Exploration and resource expansion activities are now authorized to proceed without the need for additional permitting.
 

Ralph Fitch, President and CEO stated “The issuance of the RD and associated FONSI is an important step in the advancement of the Gold Springs project. The Environmental Assessment included studies of plants, animals, and archaeology as well as public comment, so our ability to move forward following this process is an important testament to the location and mining friendly jurisdiction in which Gold Springs is located. TMI greatly appreciates the assistance from the BLM Cedar City office and looks forward to continuing to work with them in the future. Our immediate plans are to complete plans for resource expansion drilling at Jumbo and to construct additional access roads and drill pads to be utilized in future drill programs. We will make an announcement when drilling is underway. It should be a very interesting program because we will be testing for the continuation of the “higher grade and longer intercept” style of mineralization we found in J-14-018 in 2014 which intercepted 138.7m of 1.01 gt AuEq(i) (PR Nov. 12, 2014)”.
 

The Company is already operating under an approved Plan of Operations on the Nevada side of the Gold Springs project where the Company’s Grey Eagle resource block is located.

(i) Gold equivalent (AuEq) calculations reflect gross metal content using a gold/silver price ratio of 57.14, and have not been adjusted for metallurgical recoveries.
 

About TriMetals Mining Inc.

 

TriMetals Mining Inc. is a growth focused mineral exploration company creating value through the exploration and development of the near surface Gold Springs gold-silver project in mining friendly Nevada and Utah in the U.S.A.
 

The Company’s approach to business combines the team’s track record of discovery and advancement of large projects, key operational and process expertise, and a focus on community relations and sustainable development. Management has extensive experience in the global exploration and mining industry.

Posted September 30, 2015

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