Wellgreen Project Preliminary Economic Assessment ... - OTCIQ.com

20.3 E NVIRONMENTAL A SSESSMENT AND P ERMITTING
Mining development projects similar to the Project are assessed and permitting in
two phases. First, an EA is usually completed; then, projects proceed to the
licensing phase (regulatory).
20.3.1 ENVIRONMENTAL A SSESSMENT
EAs in Yukon are administered by the YESAB, as governed by the YESAA. The EA
process is a single-assessment process that applies throughout Yukon, to all
projects, and to federal, territorial, and First Nations governments. Quartz mining
projects conducted anywhere other than on an indian reserve are subject to an EA.
Even though a portion of Project is located on Category B land owned by the Kluane
First Nation, permits may be granted pursuant to the Quartz Mining Act (QMA) for
persons holding a right, title or interest on the land prior to the time the area was
claimed as Settlement Land, in 2003 (Minister of Public Works and Government
Services Canada 2003) (Section 20.5.1). The Project will be subject to an EA under
the YESAA. The Property falls within the southwest assessment district (YESAB
2011).
The Project requires an Executive Committee screening because it is a quartz
exploration program that involves the movement of 250,000 t or more of rock.
Projects assessed by the Executive Committee of YESAB generally require between
one and three years (not more than 918 days, including time required for a
government decision).
Detailed information requirements for this process are outlined in the Information
Requirements for Executive Committee Project Proposal Submissions under the
YESAA, which is available through the YESAB office.
Once assessments are complete, recommendations are forwarded to a decision
body or bodies. The recommendations will be one of the following (YSEBA 2011):
• The Project will not have significant adverse effects and should proceed.
• The Project will have significant adverse effects that cannot be mitigated and
should not proceed.
• The Project should proceed with terms and conditions that will mitigate the
effects.
• The Project should be assessed at a higher level. (Note: This can only
occur when the assessment was done at the Designated Office (DO) or
Executive Committee level.)
In some cases, assessments may also recommend project audits or effects
monitoring.
Prophecy Platinum Corp. 20-14 1193460500-REP-R0001-02
Wellgreen Project Preliminary Economic Assessment,
Yukon, Canada