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MIRAMAR MINING CORPORATION |
May 29,
2007 |
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NEWS RELEASE 07-11 |
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MAE TSX MNG Amex |
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Miramar Reports Receipt of Approval for Con Mine Closure
and Reclamation Plan;
Miramar launches website to communicate reclamation progress at the Con
Mine
www.conmine.ca/s/Home.asp
Con Mine History Book
Completed
VANCOUVER Miramar Mining Corporation announced
today the successful re-start of the autoclave at the Con Mine on May 6, 2007 as part of its ongoing reclamation activity at the mine in Yellowknife.
The autoclave will process all of the remaining arsenic bearing sludges and calcines left on site from historic roaster operations prior to
Miramars ownership of the mine. This process will generate an environmentally safe and stable arsenic mineral called scorodite. This final
stabilization of all of the remaining arsenic sludges and calcines is expected to be completed in the third quarter of 2007 paving the way for the
final cleaning and demolition of the surface processing facilities at the Con Mine (the Blend Plant, the Mill and the Autoclave) in late 2007 or early
2008.
After a four year period and the contributions of a working group
comprised of technical experts representing the federal and territorial governments, the City of Yellowknife, the Stanton Regional Health Board, local
Aboriginal groups and other stakeholders, the Closure and Reclamation Plan for Con Mine was approved by the McKenzie Valley Land and Water
Board.
Although clean up activities have been underway for some
time, we are pleased to be in a position to officially start reclamation of the Con Mine following the recent approval of the Con Mine Closure and
Reclamation Plan by the Mackenzie Valley Land and Water Board. said Tony Walsh, Miramars President and CEO. Although mining at the
Con has come to an end, we look forward to continuing our partnership with the City of Yellowknife, the Northwest Territory and its constituents
for many years to come. We endeavour to maintain a high level of environmental stewardship in all of our activities and
operations.
Miramar also announced today the launch of a website dedicated to
communicating the status and progress of reclamation at the Con Mine to all residents of Yellowknife and to the public at large. This site can be
accessed at the following internet address: http://www.conmine.ca/s/Home.asp . Provision has been incorporated at this site for Yellowknife residents
to request information from Miramar on the status of its reclamation activity at the Con Mine site.
Con Mine History Book
Miramar also congratulates the N.W.T. Mining Heritage Society on
their publication of a new history book entitled Con Mine A Pictorial History. It is more than just a history book in that
the book was designed primarily as a photo history combined with stories of the many people who lived and worked at the Con. The book will be
distributed to former and current Con employees (many of which contributed to the book with their stories and photographs). The book will also be sold
as a fundraising vehicle
through the NWT and Nunavut Chamber of Mines, the Northern
Frontier Visitors Centre or directly through the Heritage Society for $20.00 a copy.
Miramar is proud to have commissioned and funded the book as a
dedication to the Con Mine and to the City of Yellowknife.
This News Release contains forward-looking statements within the
meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation concerning reclamation
activities and reclamation costs and obligations at its Con Mine in Yellowknife, NWT. These forward-looking statements are subject to a variety of
risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statement
including, without limitation, uncertainties involved in processing rates; accidents, equipment breakdowns, labour disputes or other unanticipated
difficulties with the activities of reclamation, the possibility of unexpected costs and expenses relating to environmental issues; uncertainties
relating to the need for government approvals and the cooperation of government agencies in regards to environmental liabilities and other risks and
uncertainties, including those described in this news release and in the Companys Annual Report on Form 40-F for the year ended December 31, 2006
and Reports on Form 6-K filed with the Securities and Exchange Commission.
Forward looking statements are based on the beliefs, estimates
and opinions of Miramars management on the dates the statements are made. Miramar undertakes no obligation to updated these forward-looking
statements if managements beliefs, estimates or opinions, or other factors, should change.
For further information contact:
Larry Connell, General
Manager Environment, Miramar Mining Corporation
Tel: (604) 985-2572 Fax: (604) 980-0731Toll Free: 1-800-663-8780
Email:
nfo@miramarmining.com