The Cactus Project consists of private surface and mineral rights. As the project is not located on federal lands, the permitting framework involves interaction only with state and county institutions. State and county level permitting have established timelines for decision making based on final application submission dates or when the application submission is considered to be administratively complete.
ASCU continues to work proactively with state and county regulators to obtain the required project permits and has to date obtained some key required permits for the operation:
- The Arizona Department of Water Resources (ADWR) Permit to Withdraw Groundwater for Mineral Extraction and Metallurgical Processing has been issued for the Cactus Project site in respect of LOM project activities, allowing ASCU the rights to 3,600 afy for 50 years for dust control, mining and processing activities.
- The Arizona Department of Environmental Quality (ADEQ) AP Permit has been obtained by the Company for the stockpile project subject to certain provisions(1).
- The Company has also obtained the Dust Permit Air Quality Control Permit and the Arizona Pollutant Discharge Elimination System (AZPDES) permits (construction and Multi‐Sector General Permit) for both the mine facility and the TruStone Facility).
The Company is advancing other required permits in connection with the Cactus Project.
Note (1) The AP permit for the stockpile project becomes effective upon demonstration of financial capability submitted along with an amendment application for full project coverage. The relevant amendments for full project coverage will be filed by the Company and assessed by the ADEQ in due course.