Building Canada’s Next Gold Mining District

TMAC Resources Receives Amended Doris North Project Certificate

09/26/2016

TORONTO--(BUSINESS WIRE)-- TMAC Resources Inc. (TSX:TMR) (“TMAC” or the “Company”) announces that the Nunavut Impact Review Board (“NIRB”) has issued amended Project Certificate No. 003 for the Doris North Gold Mine Project to TMAC. The receipt of the amended certificate marks the completion of the NIRB process, as it relates to this amendment. NIRB now transitions to a monitoring role with regular reporting by TMAC and an annual inspection by NIRB staff.

In connection, the Nunavut Water Board (“NWB”) is progressing through consideration of a related amendment to the water license for the Doris Mine. The public hearing on the amended water license for the Doris North Project was completed earlier in September and TMAC awaits the NWB report. The finalized water license is anticipated later in the fourth quarter of 2016. The proposed amendments increase the tonnage to be mined, the mine life and the size of the Doris camp. Among other operational changes the amendments will increase the amount of tailings that can be placed into the already permitted tailings impoundment area and permit the discharge of treated water to Robert’s Bay.

ABOUT TMAC RESOURCES

TMAC holds a 100% interest in the Hope Bay Project located in Nunavut, Canada. TMAC is a fully financed, gold development company on target to achieve its Path to Production plan, beginning with the Doris Deposit, by the end of 2016. The Company has a board of directors with depth of experience and market credibility and an exploration and development team with an extensive track record of developing high grade, profitable underground mines.

FORWARD-LOOKING INFORMATION

This release contains "forward-looking information” within the meaning of applicable securities laws that is intended to be covered by the safe harbours created by those laws. “Forward-looking information” includes statements that use forward-looking terminology such as “may”, “will”, “expect”, “anticipate”, “believe”, “continue”, “potential” or the negative thereof or other variations thereof or comparable terminology. Such forward-looking information includes, without limitation, bringing the Hope Bay Project into production,

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made, Furthermore, such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking information. See “Risk Factors” in the Company’s AIF dated February 25, 2016 filed on SEDAR at www.sedar.com for a discussion of these risks.

The Company cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information.

Source: TMAC Resources Inc.

TMAC Resources Inc.
Catharine Farrow, 416-628-0216
Chief Executive Officer

or

Ann Wilkinson, 416-628-0216
Vice President, Investor Relations
www.tmacresources.com

or

Renmark Financial Communications Inc.
Daniel Gordon, 416-644-2020 or (514) 939-3989
dgordon@renmarkfinancial.com
www.renmarkfinancial.com

Stay Informed

Email Address: *
Mailing Lists *




 
Enter the code shown above.

Search

Print

Privacy Statement

TMAC Resources Inc.  (“TMAC”) values your privacy. This policy statement governs our practices with respect to the collection, use and disclosure of personal information on the Careers section of the TMAC web site.

Personal information is information that is personally identifiable to you and may include your name, e-mail address, phone number and mailing address, as the case may be. Personal information does not include the name, title or business address or telephone number of an employee of an organization. TMAC is not asking you to reveal any personal information while visiting our Careers site. On a voluntary basis, you may provide and disclose personal information to us in using the Careers section of this site.

TMAC will never disclose, sell or lease to any third party, any personal information that you provide on this site without your permission, unless required to do so by law.

When you submit a profile on the Careers section of this site you will become a registered user. By submitting your profile on the Careers section of this website you are consenting to TMAC’s collection and use of your personal information for the purpose of considering you for career opportunities with TMAC. You will be able to view, change and update the personal information that you have previously provided and disclosed at any time.

Access
If you have previously provided us with personal information and wish to verify or remove your personal information, please contact us using the information provided at the end of this Privacy Policy.

Security
TMAC treats your personal information as private, confidential information and strives to ensure that such information is protected at all times. TMAC is diligent in its efforts to protect your personal information, however as data transmission over the Internet is not secure, TMAC cannot guarantee that such information will not be lost, used unlawfully or modified in a fraudulent manner. Consequently, TMAC bears no liability for the use that may be made of the information by you or any third party.

Changes
TMAC reserves the right to change this Privacy Policy Statement as it deems necessary and without prior notice. Any changes made to this Privacy Policy Statement will be in compliance with privacy laws in effect in Canada and will be posted on this page.

External Links
This site may contain links that take you to third party websites. This Privacy Policy Statement does not extend to the data collection practices of third parties and TMAC does not assume any responsibility for the privacy practices, policies or actions of third parties. TMAC recommends reading such third party privacy policies to make an informed decision as to whether or not you wish to use these sites based on their privacy practices.

Contact Us
If you have any questions regarding TMAC’s Privacy Policy Statement or practices, please contact us by phone at 416-628-0216, or by e-mail at privacy@tmacresources.com or in writing at TMAC Resources Inc. 95 Wellington Street West, Suite 1010, P.O. Box 44, Toronto, Ontario, M5J 2N7

By providing and disclosing personal information on the Careers section of TMAC’s website I agree with this Privacy Policy. I certify that the statements and answers provided by me in this application form and any supporting documents are true and complete. I understand and agree that false information may disqualify me from employment, or after employment, result in disciplinary action, to the extent permitted under applicable law, up to and including termination.

ACCEPT DECLINE