What are the key informations to know about Kitsault Molybdenum mine?

The Kitsault Molybdenum mine is a significant mining project located in British Columbia, Canada. Here are some key points to know about the mine:

1. Location: The mine is situated in the Kitsault Valley, approximately 140 km north of Prince Rupert, British Columbia. The mine is owned by Avanti Mining Inc. (now known as Kutcho Copper Corp.).
2. Reserves: it has estimated reserves of 231 million tonnes of ore grading 0.085% molybdenum. The mine was expected to produce 40 million pounds of molybdenum per year.
3. Environmental concerns: The mine has faced environmental concerns, including water quality issues and potential impacts on local wildlife. It is located on traditional territory of the Tsimshian First Nation, and Avanti has engaged with the community on development plans.
4. In May 2012, the Environmental Impact Statement for the mine was accepted for review by the Canadian Environmental Assessment Agency. The project received environmental approval from the Canadian Government in June 2014.