Posted: May 22, 2011 11:39 AM by AP Posted by James H Egbert
DURANGO, Colo. (AP) - A troubled mining company that has endured years of rejected permits in the La Plata Mountains isn't giving up efforts to extract precious metals from mines dormant since the 1940s.
Wildcat Mining Corp. has tried since 2006 to acquire permits to extract precious metals gold, silver and maybe tellurium from southwest Colorado. Last week the company amended a pending application with La Plata County, and in April, the company's lengthy response to state regulators' questions about its pending state application created another seven-week delay in that process.
The company must get permission from state mining authorities, plus federal officials, before mining can resume in some of long-dormant areas. Wildcat Mining officials tell the Durango Herald that mining permits are easier to acquire in foreign countries than in Colorado.
Information from: Durango Herald, http://www.durangoherald.com
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