Canada’s Minister of Environment and Climate Change, Steven Guilbeault, announces the approval and proceeding of the inclusion of a third open pit deposit, known as the Berry Pit, at the company-owned Valentine gold mine.
Mining of the Berry Pit deposit
The approval comes on the heels of an environmental assessment update submitted in August 2023 to the Impact Assessment Agency of Canada(IAAC), which detailed the proposed changes to include Berry Pit and all related infrastructure.
[post_relacionado]Following an analysis by the IAAC, which included consultations with indigenous groups, local communities and other interested parties, as well as a detailed review of the public comments received, Minister Guilbeault issued an Amended Decision Statement allowing for the expansion of operations at Valentine, with the addition of the gold deposit.
Calibre Mining President and CEO Darren Hall expressed satisfaction with the decision and approval, along with the recent issuance of mining and surface concessions at the provincial level for Berry and its infrastructure, the company now has the necessary approvals to move forward with its three-pit mine plan as outlined in the 2022 feasibility study.
Among other things, Hall highlighted the significant progress made since Calibre acquired the Valentine mine in January 2024. To date, engineering on the project is 98% complete, while construction has progressed from 50% to 77%, and the company has assembled a highly skilled operations team.
These developments allow the company to achieve first gold production from the Berry deposit in the second quarter of 2025, consolidating its position in the gold mining market in the Americas.
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Source: Calibre Mining
Photo: Shutterstock