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Rise Gold files suit against Nevada County

In May 2024, Rise Grass Valley filed a petition for peremptory writ of mandate against Nevada County. They're attempting to overturn the Board of Supervisors' denial of vested rights for the Idaho-Maryland Mine, and their decision to deny the application and use permit for the mine. Both decisions were unanimous.


According to opposition leader, CEA Foundation, the lawsuit by Rise is more of the same delusional song that Rise has been singing all along. E.g.,

  • The case for vested rights has no merit. The mine shut down in around 1956, the mine was flooded, and all the structures were removed. Rise doesn’t even own the land where much of the processing took place. There has been no continuity of ‘mining operations’ taking place to warrant a claim of vested rights. The vested rights arguments made by Rise based on the Hansen case are based on a misinterpretation of those findings.

  • The claims regarding the failure to certify the Environmental Impact Report (EIR) are also meritless. The EIR contained significant flaws, failing to adequately address the impacts to well owners, water quality, air pollution, noise, and more.

  • The requested zoning changes were inconsistent with the General plan when considering the current residential land uses.

Investors beware. The fact that Rise Gold has raised capital through private placement offerings of corporate stock to pursue a meritless lawsuit based on such misleading information should be a big red flag. Note that they also need to raise another $3.3 million to clean up the toxic mine tailings on the 56 acre Centennial site, as per their agreement with the Department of Toxic Substances Control.


NEWS COVERAGE



LEGAL FILING


Rise Grass Valley Filing, May 10, 2024


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