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GOGEBIC TACONITE PROPOSES MODIFIED BULK SAMPLING PLAN, DNR DETERMINES NO ADDITIONAL APPROVALS NECESSARY

February 11, 2014

MADISON - Gogebic Taconite has submitted to the Wisconsin Department of Natural Resources a modified approach to conduct its proposed bulk sampling activity in the area of a potential iron mining project in northern Wisconsin.

Under the new plan, the company would take advantage of the frozen conditions at the site to use existing roads to access the bulk sampling sites and haul rock off of the property rather than construct a new access road. This approach entails completing the work while the access roads are thoroughly frozen, which will allow use of the roads without causing significant erosion and sedimentation.

DNR staff reviewed the new approach and determined that no additional approvals are necessary. Gogebic Taconite may proceed with the alternate bulk sampling plan. Previously submitted documents, including the reclamation bond, Cutting Plan related to the Managed Forest Law lands, the claim of exemption from air pollution control operation permit requirements and other aspects of the bulk sampling plan submitted on November 25, 2013, are all applicable to the modified bulk sampling activity.

Gogebic Taconite is seeking approvals for possible mining of portions of the Penokee/Gogebic deposit, generally defined as the 21-mile western end of the 60-mile long Gogebic Iron Range. Gogebic Taconite is also currently conducting exploratory drilling of the deposit and is beginning to collect environmental baseline data in the area.

The public can view the recent correspondence between the company and DNR, as well as sign up for email information about the project, by searching the DNR website for "Gogebic Taconite project."

FOR MORE INFORMATION CONTACT: Larry Lynch, 608-267-7553

Last Revised: Tuesday, February 11, 2014




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