Galaxy Resources Announces James Bay Project Notice Submitted and Further Drilling

Galaxy Resources Limited (ASX:GXY) has advised that it has now submitted a Project Notice for the James Bay Lithium Project (“James Bay“ or the “Project”) to the Government of Quebec, and the Federal Government of Canada, together with local stakeholders. The Project Notice submission marks the start of the regulatory process aimed at securing the necessary mining and infrastructure licenses. It also advises the Government of the proposed scale, scope and timeline of the James Bay Project so that it may set the appropriate levels of regulatory assessment.

The preparation and submission of this project description is the initial step in the environmental impact assessment process, where Galaxy advises in writing, the relevant Québec ministry (Ministère du Développement durable, de l’Environnement et de la Lutte contre les changements climatiques, or “MDDELCC“) and the Canadian Environmental Assessment Agency (“CEAA“), of its intention to undertake the project. The project description also allows the relevant government agencies involved to determine the type of environmental study to be conducted and to issue a formal notice indicating the nature, area and scope of the study expected from the project promoter.

The Project Notice outlines the general characteristics of the project. The Project is situated in the Nord-du-Québec administrative region of Québec, where Galaxy is planning to develop an open-pit lithium mine that would be located along the James Bay Road. Aside from the pit, the mining facility will include an ore concentrator, tailings/waste rock/ore/overburden storage areas, as well as accompanying infrastructure. The concentrated ore will be trucked to a transfer site, where it will be transported by train south, to the proposed conversion facility to be processed into lithium chemicals.

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