Friday, April 12, 2013

Feasibility Report On Proposed Mine Released

Rainy River Resources says it has its road map to begin development of an open pit mine north of Barwick late next year.

The company has released it's feasiblity study identifying project costs at a billion dollars, creating 400 jobs during construction and 600 when the mine opens.

President Raymond Threlkeld doesn't foresee anything sidetracking plans.

The project currently going through the environment assessment process the company expects will be complete in time to begin construction in the fall of 2014.