Twin Mining signs Memorandum of Understanding with US Forest Service

Twin Mining Corporation (TWG:TSX) (“Twin Mining”) is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with the US Forest Service (“USFS”) which allows the completion of the Environmental Impact Statement (“EIS”) process, which is a prerequisite to obtaining a mine construction permit and ultimately the building of the Atlanta Gold Mine.

The MOU is a document which outlines the procedures and responsibilities of the USFS and Atlanta Gold Corporation (“AGC”), a wholly owned subsidiary of Twin Mining, for the preparation of the EIS.

Twin Mining, its consultants and Tetra Tech, Inc., the US Forest Service’s third party EIS contractor, have accomplished a milestone in the development of the 100,000 oz / year Atlanta Gold Mine. After nearly 25 months, the baseline environmental studies have been substantially completed. These studies are needed to prepare the next key document in the EIS process, the Draft EIS. The studies have characterized the aquatic life, wildlife, soils, wetlands, meteorology, cultural resources, vegetation conditions and transportation plan for the proposed project area.

Amongst others, detailed fisheries characterizations have been carried out including underwater observation of fish in the streams and creeks of the project area. Twin Mining’s consultants also worked closely with Forest Service biologists to prepare a state-of-the art assessment of aquatic pre-mining habitat conditions. This data will also allow documentation of the effects of historic mine drainage.

Twin Mining is pleased with the high quality results produced by a team consisting of its Atlanta Gold environmental group, including Bruce Thorndycraft and Pat Maley (our former environmental manager), Tetra Tech’s Project Manager Ronald Rimelman, and the very capable experts provided by the USFS and all Federal and State agencies that are participating in the National Environmental Policy Act analysis and all related permitting activities for the project.

Atlanta Gold and Twin are socially and environmentally responsible companies dedicated to acquiring, exploring and developing high quality mineral properties.