Freeport’s Hutton Garnet Beaches Released from Environmental Assessment
TSX Venture Exchange: FRI
Shares Issued: 14,226,232
The Hutton is a unique mineral project with minimal visual and environmental impacts. In the natural environment, garnet is chemically inert and environmentally benign. The beach deposits are on surface with very limited overburden or vegetation. The Hutton would operate similar to a small, shallow, and seasonal sand quarry. No permanent structures, roads, or marine transport facilities are proposed or required. No long term ground disturbance is expected given natural processes – waves, wind, and winter ice – will remove all traces of work. The garnet sand would be loaded on a barge and shipped to a processing plant for separation into different waterjet and possibly sandblasting products. Hutton garnet is angular with sizing naturally well suited to abrasive waterjet cutting. Several Hutton concentrates produced on a smaller scale compared favourably to higher-end products in three industry-wide tests in the UK,
Because this approval comes mid-summer – high season for shipping – bulk sampling is subject to securing suitable barges, as well as resolving logistics and other arrangements. Several options have been identified and are under review.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Freeport Resources Inc.