Revett Receives Approval of Rock Creek Environmental Assessment

SPOKANE VALLEY, WA - Revett Minerals Inc. and 67% held subsidiary, Revett Silver Company, and its wholly owned subsidiary RC Resources Inc. reported that it has received notice from the Montana Department of Environmental Quality (MDEQ) that the draft Environmental Assessment (EA) covering final design modifications of the Rock Creek Project, located in Sanders County Montana, has been approved as final with several stipulations. This completes all permitting sought by Revett for the Project. Subject to posting of the reclamation bond, implementation of the stipulations and completion of ongoing litigation, this approval allows the Company to proceed with the first phase of the Rock Creek Project. This first phase consists of only 10.6 acres of surface disturbance needed at the adit site for underground delineation of the deposit to confirm continuity of mineralization and other final design parameters. All facilities will be located outside of the Cabinet Mountain Wilderness area and Revett has already installed some basic infrastructure located on private lands.
Revett is currently progressing through ongoing litigation regarding legal challenges to the Record(s) of Decision and Biological Opinion for Rock Creek and a decision from the U.S. District Court is pending. The Rock Creek Project will be an underground copper-silver mine similar to the Troy Mine and will employ about 250 to 300 workers.
The Troy Mine, located 15 miles southwest of Troy in Lincoln County, is also an underground copper-silver mine and employs 180 workers operated by Genesis, Inc., also a subsidiary of Revett Silver.
The companyÕs address is 11115 East Montgomery, Suite G, Spokane Valley, WA 99206, (509) 921-2294, fax: (509) 891-8901.