Extract to table
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Extract to table / sep-battle-mountain-drinking-water.docx
sep-battle-mountain-drinking-water.docx
Parties
Harkness LLP
Torchlight Mining Corp
Project Management Torchlight Mining Corp
Progress Reports Torchlight Mining Corp
Completion Report Torchlight Mining Corp
Recordkeeping Torchlight Mining Corp
Tax Treatment Torchlight Mining Corp
Ridgeline Accounting Partners LLP
Dates
January 28, 2025
May 15, 2025
March 17, 2022
August 9, 2022
January 22, 2023
June 14, 2025
December 14, 2025
September 14, 2028
June 14, 2028
September 14, 2025
Amounts
$31.5
$343.5
$18.1
$12.0
$409.9
$3,500,000
$7.9
$63.2
$47.1
$4.8
Obligations
The Project therefore satisfies the SEP Policy's fundamental requirement that a Supplemental Environmental Project must involve activities that the defendant is not otherwise legally obligated to perform
If Torchlight elects to fund the Project from the Remediation Trust Fund, it shall provide written notice to EPA Region 9 and DOJ ENRD at least 30 calendar days prior to any disbursement request, and the disbursement shall be subject to the terms and conditions of the Trust Agreement and the consent decree provisions governing Trust Fund use
shall bear any and all cost overruns beyond the $3,500,000 budget
In the event that actual costs exceed the budgeted amount, Torchlight shall be responsible for funding the excess from its own resources without any reduction in its other obligations under the consent decree
If actual Project costs are less than $3,500,000, the difference shall not reduce Torchlight's overall SEP obligation under the consent decree
Any proposed supplementary elements shall be subject to the same review and approval process as the original Project scope