Minnesota DNR Announces Publication Date for PolyMet Supplemental Draft Environmental Impact Statement
August 23 2013 - 2:08PM
Marketwired
PolyMet Mining Corp. (TSX:POM)(NYSE MKT:PLM) ("PolyMet" or the
"Company") is pleased to report that the Minnesota Department of
Natural Resources ("DNR") has announced that the 1,800 page
NorthMet supplemental draft Environmental Impact Statement ("EIS")
will be available for public review on November 22, 2013 when it
will be published in the Federal Register. It will then be
published in the Minnesota Environmental Quality Board Monitor on
November 25, 2013. The DNR news release has been posted at:
http://news.dnr.state.mn.us/
The NorthMet Project, located in the Mesabi Iron Range mining
district in northeastern Minnesota, comprises reutilizing the Erie
Plant and developing a new open pit mine to extract copper, nickel,
and platinum group metals from the NorthMet ore body located six
miles east of the Erie Plant.
In response to the DNR announcement, Jon Cherry, President and
CEO of PolyMet stated, "PolyMet has worked diligently over the past
three-and-a-half years to improve the project design, and to
complete the analysis and technical studies for the NorthMet
Project as requested by the government agencies. PolyMet will
continue to be supportive of the process, which is in the best
interest of the community and protecting Minnesota's
environment."
About PolyMet
PolyMet Mining Corp. (www.polymetmining.com) is a
publicly-traded mine development company that owns 100% of Poly Met
Mining, Inc., a Minnesota corporation that controls 100% of the
NorthMet copper-nickel-precious metals ore body through a long-term
lease and owns 100% 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 April 30, 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.
Contacts: Corporate Douglas Newby Chief Financial Officer +1
(651) 389-4105dnewby@polymetmining.com Media LaTisha Gietzen VP -
Public, Gov't & Environmental Affairs +1 (218)
471-2150lgietzen@polymetmining.com Investor Relations Jenny Knudson
VP - Investor Relations +1 (651) 389-4110jknudson@polymetmining.com
www.polymetmining.com MZ North America Pascal Nigen Senior
Vice-President +1 (212) 301-7149pnigen@mzgroup.us
www.mzgroup.us
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