Monday, December 14, 2009

Exploration Activity Continues

Rainy River Resources has started some of the work that could lead to the possible opening of a mine northwest of Emo.

President Raymond Threlkeld says work has started on an economic impact assessment and a baseline environmental studies.

"We'll have a completed baseline study report finished in June, or the end of the second quarter," says Threlkeld. "That will enable us to move forward into a formal environmental assessment and environmental impact assessment."

Although actual mining is still a few years away, Threlkeld says they are looking at a project with multiple mines, starting with an open pit before going to an underground operation.