Federal Wetlands Permit Application Published for PolyMet Project
December 16 2013 - 7:57AM
Marketwired
Federal Wetlands Permit Application Published for PolyMet Project
ST. PAUL, MINNESOTA--(Marketwired - Dec 16, 2013) - PolyMet
Mining Corp. (TSX:POM)(NYSEMKT:PLM) is pleased to announce that the
U.S. Army Corps of Engineers has published notice of PolyMet's
Section 404 Wetland Permit application, a key federal permit needed
for construction and operation of the company's NorthMet copper
nickel project located near Hoyt Lakes, Minn. The notice and
application can be accessed at the USACE website:
http://www.mvp.usace.army.mil.
A Section 404 Wetland Permit covers mitigation and replacement
of wetlands that will be affected by a project. "We are confident
PolyMet's mitigation plan will satisfy the Clean Water Act's
requirements of no net loss of wetlands and the USACE St. Paul
District's wetland mitigation guidance," said Jon Cherry, CEO and
president.
The permit application is subject to public review and comment
for 90 days. A public hearing is scheduled in Duluth Jan. 16, 2014,
that will coincide with a public hearing for the NorthMet
supplemental draft Environmental Impact Statement. A Record of
Decision on the final EIS by the USACE will be the basis for
issuance of the Section 404 Permit.
"The Section 404 Permit application is further demonstration of
our progress in developing this important mineral resource and
producing the metals we all rely on every day, creating high-paying
and long-lasting jobs while protecting the environment," Cherry
said.
About PolyMet
PolyMet Mining Corp. (www.polymetmining.com) is a
publicly-traded mine development company that owns 100 percent of
Poly Met Mining, Inc., a Minnesota corporation that controls 100
percent of the NorthMet copper-nickel-precious metals ore body
through a long-term lease and owns 100 percent of the Erie Plant, a
large processing facility located approximately six miles from the
ore body in the established mining district of the Mesabi Range in
northeastern Minnesota. Poly Met Mining, Inc. has completed its
Definitive Feasibility Study and is seeking environmental and
operating permits to enable it to commence production. The NorthMet
project is expected to require approximately two million hours of
construction labor, creating approximately 360 long-term jobs, a
level of activity that will have a significant multiplier effect in
the local economy.
POLYMET MINING CORP.
Jon Cherry, CEO
This news release contains certain forward-looking
statements concerning anticipated developments in PolyMet's
operations in the future. Forward-looking statements are
frequently, but not always, identified by words such as "expects,"
"anticipates," "believes," "intends," "estimates," "potential,"
"possible," "projects," "plans," and similar expressions, or
statements that events, conditions or results "will," "may,"
"could," or "should" occur or be achieved or their negatives or
other comparable words. These forward-looking statements may
include statements regarding the ability to receive environmental
and operating permits, job creation, or other statements that are
not a statement of fact. Forward-looking statements address future
events and conditions and therefore involve inherent known and
unknown risks and uncertainties. Actual results may differ
materially from those in the forward-looking statements due to
risks facing PolyMet or due to actual facts differing from the
assumptions underlying its predictions.
PolyMet's forward-looking statements are based on the
beliefs, expectations and opinions of management on the date the
statements are made, and PolyMet does not assume any obligation to
update forward-looking statements if circumstances or management's
beliefs, expectations and opinions should change.
Specific reference is made to PolyMet's most recent Annual
Report on Form 20-F for the fiscal year ended January 31, 2013 and
in our other filings with Canadian securities authorities and the
U.S. Securities and Exchange Commission, including our Report on
Form 6-K providing information with respect to our operations for
the three months ended October 31, 2013 for a discussion of some of
the risk factors and other considerations underlying
forward-looking statements.
The TSX has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
PolyMet Mining Corp. - MediaBruce RichardsonCorporate
Communications+1 (651) 389-4111brichardson@polymetmining.comPolyMet
Mining Corp. - Investor RelationsJenny KnudsonInvestor Relations+1
(651) 389-4110jknudson@polymetmining.comwww.polymetmining.com
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