Taxpayers to foot bill for Freda Mine cleanup

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Taxpayers to foot bill for Freda Mine cleanup

Red Arrow Gold Corporation’s former site requires remediation
Mine waste piles at the Freda Mine pose a risk to water quality and erosion, prompting the Colorado Division of Mining, Reclamation and Safety to come in to clean up the site.
Red Arrow Gold Corp. failed to post an additional bond for reclamation costs for the Freda Mine, northwest of Silverton. Company owner Craig Liukko claims a parent company and investors failed to come through on financial obligations.
The Colorado Division of Mining, Reclamation and Safety will likely begin a project next summer to cleanup the Freda Mine, which its former permittee abandoned without the funds to clean it.

Taxpayers to foot bill for Freda Mine cleanup

Mine waste piles at the Freda Mine pose a risk to water quality and erosion, prompting the Colorado Division of Mining, Reclamation and Safety to come in to clean up the site.
Red Arrow Gold Corp. failed to post an additional bond for reclamation costs for the Freda Mine, northwest of Silverton. Company owner Craig Liukko claims a parent company and investors failed to come through on financial obligations.
The Colorado Division of Mining, Reclamation and Safety will likely begin a project next summer to cleanup the Freda Mine, which its former permittee abandoned without the funds to clean it.
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