Bonterra advances permitting for Bachelor gold mill expansion
(Kitco News) - Bonterra Resources (TSXV: BTR) (OTCQX: BONXF) announced Monday an update regarding the ongoing permitting process to expand the 100% owned Bachelor gold mill in Quebec from 800 to 2,400 tonnes-per-day ("tpd").
According to the company’s statement, as a result of the company's exploration success, Bonterra's management began the process of seeking permits to expand the Bachelor mill in 2018. Consequently, the company estimates that the permitting process for the Bachelor mill expansion is two-thirds complete.
The company said that the Ministry of Energy and Natural Resources of Canada has approved the tailings storage facility expansion location, which brings Bonterra one step closer to its goal of expanding the Bachelor mill.
Bonterra is a Canadian gold exploration company with a large portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The company owns the only permitted and operational gold mill in the region that is currently two-thirds the way through the permitting process to expand from 800 to 2,400 tpd.