VANCOUVER, BRITISH COLUMBIA, Dec 9, 2008 (Marketwire via COMTEX) — WNP | Quote | Chart | News | PowerRating — Western Prospector Group Ltd. (TSX VENTURE:WNP) is pleased to announce that it has filed its Environmental Impact Assessment (EIA) for its Gurvanbulag project with the Mongolian Ministry of Nature and the Environment.
“The filing of the EIA is an important regulatory requirement for Western in Mongolia,” said Eric Bohren, President and CEO of Western. “The EIA concludes that the proposed Gurvanbulag project can proceed if Western implements all required measures, including those contained in the environmental protection plan, the environmental monitoring plan, and the mine closure and rehabilitation plan.”
The EIA was prepared by environmental consultants EcoTrade LLC, an environmental consulting firm based in Ulaanbaatar, Mongolia. The report responds to the Terms of Reference issued by the Ministry of Nature and Environment in December 2007, and describes the Gurvanbulag mine project as contemplated in Western’s Feasibility Study. It reviews the impacts, mitigation measures, operating and closure plans of the mine project, and outlines “best practice” procedures.
Western’s Feasibility Study for Gurvanbulag is to be completed later this month. Western has advanced its project to a production decision with over $77 million invested to date in project exploration, environmental assessments, the feasibility study and an extensive and scalable production infrastructure. Western’s production infrastructure includes mineral rights for 99% of the hectares in the Dornod uranium district, a power line providing Western at least 10 megawatts of electricity, a 200-person camp and a cellular phone tower that is connected to the national network.
Source: TradingMarkets
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