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A Joint Venture
Manager
Golden Cycle Gold Corporation
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Permitting – Once gold ore is located and determined to be economically feasible to recover, permits from various governmental agencies must be obtained.
Mining is highly regulated - it is one of the most regulated industries in the United States. Extensive planning must be conducted prior to submitting permit applications and substantial baseline data must be collected to describe the environment. All of the plans and information submitted are available for public review. All plans and data must be generated, submitted and approved before any construction or mining occurs, and there is no guarantee that a permit will be issued. Zoning requirements and land use restrictions govern mining on the County level. Air quality, water quality and quantity, blasting, and noise limitations are among the specifications that must be met at a State level. Wastes as well as recycled materials must be managed in accordance with State and Federal requirements. Archaeological resources must be addressed if Federal or State lands are involved; CC&V does so as a matter of policy, even though the operation now is on private land. Wildlife protection is guided principally by the State. Storage and use of all chemicals as well as the rock excavated and crushed is regulated at a State level. Reclamation is required and is guaranteed by posting adequate financial warranty, payable upon demand to the State should the operator not perform as required by permits. Currently the financial warranty is approximately $44.9 million.
Among the permits necessary to begin and continue mining operations are:
-State of Colorado Mined Land Reclamation – mining operations and reclamation plan, reclamation bond adequate for the cost of complete reclamation of the site. Current bond posted is about $44.6 million.
-State of Colorado Air Quality Control Permits – regulates air emissions pursuant to Federal Clean Air Act mandates.
-State of Colorado Water Quality Control Permits – regulates water discharges pursuant to Federal and State requirements.
-Teller County Land Use Approval – compliance with standards for any off-site impacts, such as roads, noise standards, and lighting standards.
-Teller County Environmental Health – septic systems and vaults for the structures used by employees on the site.
-Temporary water supply (augmentation) plan – for the replacement of water into streams that would otherwise receive runoff from the precipitation that falls on the zero discharge Valley Leach Facility.
State of Colorado Waste Management Division – approval to ship wastes.
-State of Colorado Division of Wildlife – Impacts to threatened and endangered species from operations.
PO Box 191, Victor, CO 80860 719-689-4022 info@ccvgoldmining.com