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

26.5 E NVIRONMENTAL
The Project will be subject to an EA under YESAA, prior to submitting a YESAA
Project Proposal Form (quartz exploration) to a DO, proponents are strongly
encouraged to contact all regulators responsible for regulating the proposed project
activities and attach copies of all completed regulatory applications, forms or notices
to their submission. Doing so will provide the YESAB with the information required to
conduct an assessment and may reduce assessment timelines.
In addition, this assessment will need to be supported by site-specific environmental
baseline data. The period of study needs to be of sufficient duration to fully describe
the potential affect on the environment and to understand the potential effects of the
project. A minimum period of 12 to 24 contiguous months of study will be required to
provide coverage of all four seasons. Studies often continue beyond the minimum
12 mo period, particularly in cases of abnormal seasonal conditions. Most projects
taken into the EA process in Yukon have had two or more years of baseline study.
The Environmental Baseline Studies (EBS) scope is typically developed in
consultation with the local and regional resource management and regulatory
agencies in order to ensure that agency concerns can be addressed with the study
results. The initial EBS report is typically completed within 24 to 28 mo of the start of
the field program and the Environmental Impact Assessment is typically based upon
this initial EBS report.
Baseline studies will need to focus on site specific weather conditions, hydrogeology,
mineralized material/waste rock/soil geochemistry, aquatic resources (hydrology,
water quality), fish and fish habitat; birds, including migratory birds and raptors;
vegetation, including rare plants and ecosystems; wildlife, such as grizzly bear and
Woodland caribou; and areas of archaeological significance.
The total estimated cost for the first phase of the above work is US$200,000. This
estimate does not include specific studies of animals, such as those involving radartracking.
26.5.1 SOCIAL CONSIDERATIONS
Further study requirements and advice on communications include:
• ongoing discussions with local First Nations to establish meaningful
relationships regarding consultation processes and address concerns
• determine local First Nations heritage interests within and around the
development area
• work with designated First Nations representatives on development of
mitigation alternatives to address potential impacts (e.g. environment,
heritage, health) to First Nations communities
• develop a communications strategy for the community
Prophecy Platinum Corp. 26-7 1193460500-REP-R0001-02
Wellgreen Project Preliminary Economic Assessment,
Yukon, Canada