What's Happening?
GreenLight Wisconsin has received approval from the Wisconsin Department of Natural Resources to conduct exploratory drilling for copper, gold, and other metals in northern Wisconsin. The company plans to drill up to 20 holes across 15 sites in the Bend
deposit located in Taylor County near Medford. This approval comes with 25 conditions, including compliance with amended stormwater and dewatering permits, and obtaining a wetlands permit for three drill sites. Additionally, GreenLight must secure federal approval from the U.S. Forest Service and provide an updated bond of $185,000. The company anticipates receiving the necessary federal approval soon, which will allow them to begin mobilizing to the site.
Why It's Important?
The approval for drilling in northern Wisconsin is significant as it represents a step forward in the exploration of valuable mineral resources in the region. The Bend deposit is known to contain approximately 4.2 million tons of ore, primarily copper-bearing sulfides with significant gold and small amounts of silver. This exploration could potentially lead to the development of a new mining operation, which may have economic benefits such as job creation and increased local revenue. However, the project has raised environmental and cultural concerns, particularly from tribal and environmental groups worried about potential impacts on wetlands and water resources. The company has committed to minimizing environmental impacts and is considering alternative water sources to mitigate concerns.
What's Next?
GreenLight Wisconsin plans to begin drilling once all necessary approvals are in place, with the drilling program expected to last four to six weeks. The company is also planning an open house on February 11 to discuss its plans with the community. Additionally, GreenLight is working on a separate project to drill on over 500 acres of federally owned land, which requires a prospecting permit from the Bureau of Land Management. The company aims to submit additional information to obtain the necessary approvals to begin drilling in this area by late April or May.
