Gold mining proposal near Yellowstone wins regulatory approval - News Summed Up

Gold mining proposal near Yellowstone wins regulatory approval


A Canada company’s controversial bid to prospect for gold near Yellowstone National Park has won approval from Montana regulators despite local opposition. Legislation proposed by U.S. Sen. Jon Tester, D-Mont., would bar future mining claims on 30,000 acres of public lands outside Yellowstone. Lucky Mines will be required to post a cash bond before it can begin drilling. The gulch where Lucky Mines wants to drill was mined in the late 1800s and early 1900s, the paper reported. Lucky Mines believes it will be successful in finding gold because it plans to drill deeper than other companies have, the paper reported.


Source: Fox News July 28, 2017 18:55 UTC



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