TORONTO, ONTARIO--(Marketwire - April 12, 2012) -
Editors Note: There are two photos associated with this press release.
Chieftain Metals Inc. ("Chieftain" or the "Company") (TSX:CFB.TO - News) is pleased to announce receipt of the Discharge Permit for the newly built Water Treatment Plant ("IWTP") located at the Tulsequah Chief mine project. The IWTP was constructed by Chieftain to address the historic environmental concerns of acid mine drainage from previous mine workings and has been in full operational and commissioning mode since December 2011.
Victor Wyprysky, President and CEO of Chieftain Metals Inc., commented: "Chieftain's immediate attention to provide a solution to the historic environmental issues at Tulsequah demonstrates the high importance we place on community and stakeholders concerns as we move "The Chief" to construction start."
Treatment of mine-impacted water thus far has shown significant improvement in discharge water quality, with initial test results showing a reduction of greater than 98% of the metals load compared with un-treated mine waters. Additionally, the water discharged from the plant is within regulatory water quality guidelines and the Company is consistently achieving high-quality plant discharge water with contaminant levels below the published limits of the Federal Government's Metal Mining Effluent Regulations. Although a short-term solution, this water treatment process will ensure that the water entering the Tulsequah River is clean and does not negatively impact the rivers' fish and aquatic life.
To learn more about the Interim Water Treatment Plant, click the link below to view a short video and to access the full Chieftain Metals Water Treatment Plant brochure.
Chieftain is committed to the protection and promotion of environmental values and will continue to strive for positive environmental outcomes in the course of its activities. The Company is required to develop and implement an Environmental Management Plan as outlined in the Environmental Assessment Certificate. This plan will address the measures that will be taken to protect high-value habitats and wildlife during planning, construction and operational phases, as well as the conceptual strategy and approach for decommissioning and remediation. Additionally, the Plan will specifically reference how Chieftain will meet the environmental commitments outlined in the Environmental Assessment Certificate.
About Chieftain Metals Inc.:
Chieftain Metals Inc.'s principal business is the acquisition, exploration and development of mineral properties. Since incorporation, the Company's business has focused entirely on the acquisition, and thereafter the development, of the Tulsequah Chief Polymetallic Project, in north-western British Columbia, Canada. The Tulsequah Project consists of 38 mineral claims and Crown-grants covering approximately 14,220 hectares and covers two previously producing mines. For more information on the Tulsequah Project, please refer to the Company's NI 43-101 compliant technical reports, "Tulsequah Chief Deposit, Tulsequah Chief Property, Northern British Columbia" and "Big Bull Project, Tulsequah Chief Property, Technical Report, Northern British Columbia", each dated as of November 8, 2010 and available under the Company's profile on SEDAR (www.sedar.com).
This press release includes certain "forward-looking statements" within the meaning of the Ontario Securities Act or other laws or regulations. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization, mineral resources or reserves, exploration results, future plans and objectives of Chieftain Metals Inc. are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
To view the photos associated with this press release, please visit the following links: