Prodigy Gold strikes deal with EBA for permitting at its Magino mine

Junior mineral explorer Prodigy Gold (CVE:PDG) reported on Thursday that it has reached an agreement with consulting firm EBA to supply environmental baseline studies and to assist in the permitting process for its Magino mine gold project, in northern Ontario.

EBA, a Tetra Tech (NASDAQ:TTEK) Company, will complete a baseline environmental program for the Magino mine project, advance permitting related activities, integrate environmental and engineering designs, as well as complete and submit a project definition report to the Ontario mining regulatory authorities.   

Prodigy Gold’s CEO Brian Maher said: "The company is pleased to have EBA and Tetra Tech join the team as we advance the Magino mine gold project through the development process. Both EBA and Tetra Tech have broad experience in planning and permitting mining operations throughout Canada."

EBA is a consulting engineering and environmental sciences company and part of the Canadian Tetra Tech group of companies.

Tetra Tech is a multi-disciplined engineering and consulting firm that offers a broad range of integrated services that draws on expertise from more than 12,000 employees located in 330 offices worldwide.

The Magino mine property, which is a past producing underground gold mine, rests 40 kilometres northeast of Wawa, Ontario and consists of seven claims, four leased claims as well as 63 unpatented mining claims totalling 1,910 hectares.

The Magino project contains indicated gold resources of 1.9 million ounces with a grading of 1.16 grams per tonnes (g/t) gold and 587,100 ounces of inferred gold resources grading 1.04 g/t gold.

A full feasibility study for the proposed open pit mining project at Magino is scheduled to finish in mid 2012, bringing the project toward production.

Prodigy Gold, a peer of Stina Resources (CVE:SQA), is a Vancouver-based gold exploration and mine development company with assets in Eastern Canada.