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Idaho moly, copper project takes step forward

Keywords: Tags  American CuMo Mining Corp., molybdenum, copper, U.S. Forest Service, Rey Mashayekhi

NEW YORK — American CuMo Mining Corp.’s molybdenum and copper exploration project in Idaho can likely move forward after a new U.S. Forest Service (USFS) supplemental environmental assessment found that following proper procedural guidelines would help the company avoid or mitigate the project’s impact on groundwater quality.

The report was issued after a 2012 decision by a judge in U.S. District Court in Idaho requiring further analysis of the project’s impact on groundwater. Environmental groups had filed litigation challenging a previous USFS report that said there would be "no significant impact" from the project.

Following the new assessment, the USFS will hold a 30-day public comment period, beginning Aug. 20 and ending Sept. 18.

The Vancouver, British Columbia-based mining company acquired the claim, located in Boise County, Idaho, in 2004. According to the project’s website, the site is one of the largest deposits of molybdenum, copper and silver in North America.

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