Treasure Mountain issued mine permit

Opening of mine about 29 kilometres east of Hope will bring 25 full-time jobs

Huldra Silver Inc. has been issued a Mines Act permit for its Treasure Mountain silver mine, located approximately 29 kilometres east of Hope.

The capital cost of the project is estimated at $12 million and will provide 25 full-time jobs in the area.

“Treasure Mountain is more positive news for B.C.’s mining industry,” said Rich Coleman,  Minister of Energy and Mines. “This is the fifth new mine permit towards meeting our government’s goal of eight new mines and nine expansions by 2015.”

Treasure Mountain is expected to yield 60,000 tonnes per year from an underground silver-lead-zinc mining operation. The ore will be processed at the Craigmont mine, which operated from 1962 to 1982. Craigmont will receive a permit amendment, and 10 additional jobs will be created at that site.

The production value of the province’s mining industry was about $8.6 billion in 2011.

Just Posted

Multi-vehicle collision on highway in Chilliwack

Accident involves several vehicles, in the westbound lanes says Drive BC

Semi truck crashes into highway barrier cable near Chilliwack

Witnesses warning other drivers to watch for debris in other lanes

Agassiz bus driver’s seatbelt petition heads to Ottawa

Gary Lillico is hoping his one-month petition will make a mark on the House of Commons

Man dead after motorcycle crash in Hope, police watchdog says

Thursday’s crash is still being investigated by the IIO

No crackers for quackers: Hope resident warns fellow locals to not feed wild birds

‘You should not feed wildlife anything—they don’t need it,’ Wildlife Rescue Association says

‘Teams that win are tight’: B.C. Lions search for chemistry at training camp

The Lions added more than 50 new faces over the off-season, from coaching staff to key players

Man arrested after police standoff and fire at Abbotsford home

Suspect allegedly breached conditions to not be near victim or her home

Growing wildfire prompts evacuation of High Level, Alta.

Chuckegg Creek fire has been burning for several day, but grew substantially Sunday

Top women’s hockey player Natalie Spooner coming to B.C.

Natalie Spooner special guest at annual Grindstone charity weekend in Kelowna

Take-home drug testing kits latest pilot to help curb B.C.’s overdose crisis

Researchers look to see if fentanyl testing could be a useful tool for those who use drugs alone

UPDATE: Highway 1 reopened after multi-vehicle crash east of Chilliwack

Westbound lanes near Herrling Island were closed for hours amid busy holiday weekend traffic

Police watchdog investigating motorcycle crash in Kamloops

A Kamloops Mountie had stopped the driver for speeding, but they raced off from the 0fficer

Facebook takes down anti-vaxxer page that used image of late Canadian girl

Facebook said that the social media company has disabled the anti-vaccination page

Search crews rescue kids, 6 and 7, stranded overnight on Coquitlam mountain

Father and two youngsters fall down a steep, treacherous cliff while hiking Burke Mountain

Most Read