This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Montanore Project Reaches Another Critical Permitting Milestone

Mines Management, Inc. (NYSE-Amex:MGN)(TSX:MGT) is pleased with the recent advances made by the government agencies in their selection of the preferred alternative for the transmission line proposed for the Montanore Silver-Copper Project.

Mines Management’s President and CEO, Mr. Glenn Dobbs, stated, “Getting to this phase on the transmission line is a major and welcome milestone in the process to re-permit the Montanore project, and reflects the significant progress we have made this year. We continue to work closely with the agencies on the remaining facets of the plan as we progress toward conclusion of the Final Environmental Impact Statement (“EIS”) and Record of Decision (“ROD”), and anticipate additional progress as we move further through the final phase of permitting the Montanore.”

As part of the environmental review process, the agencies considered a variety of alternatives for the location of the transmission line, and, based partly upon public comment received following review of the Draft EIS, modified the various alternatives considered for the project. Following further analysis, the agencies made a determination as to their preferred alternative for the transmission line that will be advanced in the remaining environmental review process. This is not a final decision, but it is a critical step in the continued advancement of the review process.

The selected alternative for the transmission line minimizes impact to critical habitat for many species including grizzly bears, bull trout, and old growth timber, as well as preservation of the visual natural attributes of the region.

Mines Management, Inc. is a U.S. based mineral company focused on the acquisition and exploration of precious and base metals mineral deposits. The Company’s primary focus is on the advancement of the large Montanore silver-copper project located in northwestern Montana, with a goal to ultimately become a new mid-tier producer of precious and base metals. As of September 30, 2010, the Company had 23,100,109 shares of common stock issued and outstanding.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,689.86 -56.12 -0.32%
S&P 500 2,103.84 -4.79 -0.23%
NASDAQ 5,128.2810 -0.5040 -0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs