In a news release, Gold Standard Ventures Corp. (GSV:TSX.V; GSV:NYSE) announced that "it has submitted its Plan of Operations to the U.S. Federal Bureau of Land Management (BLM) outlining the Company's plans to build and operate the proposed South Railroad open pit gold project, located in Elko County, Nevada." The firm explained that submitting the operating plans is an important and fundamental step in the commencement of the project permitting process.
Gold Standard Ventures stated that it will take approximately six months for the BLM to review and rule the submission to be complete. At that time, the company advised that an Environmental Impact Statement (EIS) will need to be prepared in accordance with the National Environmental Policy Act (NEPA) and that the EIS process takes about 12 months in total from the time started to completion.
The company's General Manager Don Harris remarked, "Submitting the Plan of Operation kicks off the initial phase of the permitting process for the mining of the South Railroad Project and is a significant milestone for Gold Standard Ventures."
The firm advised that it is simultaneously continuing to advance its Feasibility Study (FS) for the South Railroad Project, which it expects to be completed in H2/21. The company noted that the FS also provides key data for use in supporting the permitting process.
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