African Queen Mines secures plan approval for Yellowjacket Gold Mine in British Columbia

22 October 2015 (Last Updated October 22nd, 2015 18:30)

The government of British Columbia in Canada has issued a major permit to African Queen Mines for approval of the plan and reclamation programme for the Yellowjacket Gold Mine.

The government of British Columbia in Canada has issued a major permit to African Queen Mines for approval of the plan and reclamation programme for the Yellowjacket Gold Mine.

The Major Mine Permit No: M-235 contains various terms and conditions applicable to work programmes and mine operations that would be carried out in future.

Covering an area of 79.56km² of strategic ground 9km east of Atlin, the project includes hard rock, as well as placer gold prospects.

Previous operators suspended mining at Yellowjacket Gold due to various reasons including engineering and equipment problems, as well as financial issues that cropped up from the recession in the industry.

"Much of the ground covered by the project remains underexplored and appears to be on strike."

African Queen Mines CEO Irwin Olian said: "We are very gratified to have been issued our mining permit for Yellowjacket by the BC Mines Branch so expeditiously and look forward to moving ahead with our plans to explore, redevelop and potentially recommence mining operations in the future.

"Much of the ground covered by the project remains underexplored and appears to be on strike, suggesting the potential for highly prospective exploration targets."

Initially, African Queen plans to develop a new geologic model for the project through exploration.

Simultaneously, the company is also assessing the utility of plant and equipment on-site, in addition to performing engineering studies designed to optimise results from future mining operations.

Recently, African Queen acquired four additional mineral claims under the BC Mineral Tenure Act aggregating 2,411.38ha adjacent to its Yellowjacket Gold Project.

The company is also exploring its Rongo (Odundu) Gold project consisting of about 97km² in Kenya for gold and other metals under a joint venture with a Kenyan company.