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In January 2007, the Pima County Board of Supervisors passed a resolution opposing the development of mineral resources at Rosemont. This was done prior to Augusta’s completion of the bankable feasibility study and comprehensive Plan of Operations, which were completed in the third quarter of 2007. The County has also requested that all public land in the County be considered for withdrawal from mineral entry, and has questioned the validity of Augusta’s mining claims.
The Company notes that the permits and permit review procedures to develop Rosemont are the responsibility of federal and state agencies. These procedures are well developed and allow for public and County input, however the County does not have jurisdiction over mining. The Company remains committed to work with local groups and officials in order to provide for the most effective design and mitigation of impacts. Augusta has put forth a very progressive plan that considers conservation/ open land protection, water protection, water miser design, advanced reclamation technologies and minimal viewscape impairment.
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