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acreage as compared to current approvals. The total affected acreage for MLE2 is approximately <br />4,670 acres, including the Carlton Tunnel area, an increase of about 470 acres from that <br />approved for MLE. <br />5.4 Sequence of Development <br />5.4.1 General Sequence of Operations <br />Construction of the SGVLF and High Grade Mill facilities will extend the life of the <br />Cresson Project, provide flexibility in operations, and change the material handling of <br />some mined material. Figure 1 -1 shows the materials that have been and will be handled <br />as part of the Cresson Project, including MLE2. <br />Mined material from the Main, East, and North Cresson Mine areas will be segregated in <br />handling. Materials will be identified as overburden, ore, or higher grade ore. <br />Overburden will be placed in the SGOSA or ECOSA or used as mine area backfill. Ore <br />will be placed on the AGVLF or the SGVLF, once construction of the SGVLF has been <br />completed. Higher grade ore will be placed in one of four storage areas in the vicinity of <br />the Main Cresson Mine area as shown on Drawing C -4. After construction of the High <br />Grade Mill facilities, higher grade ore will also be placed in a stockpile or crusher feed <br />area. Ground product from the High Grade Mill facilities will be placed on the AGVLF <br />or SGVLF for additional gold recovery. <br />The sequence and timing of operations for the active mining, ore placement, continued <br />recovery, neutralization, reclamation, and other activities are approximations only based <br />on anticipated production rates, mining fleet, crusher availability, gold price, gold <br />recovery, and many other factors. For example, the current approved mine production <br />rate of approximately 27 MT is noted but that production rate could decrease or could <br />increase for various reasons. As such, these approximate timelines may change resulting <br />in a shorter overall mine life or a longer overall mine life. MLE2 is anticipated to <br />generally occur as described and as shown on Drawing C -5, Conceptual Mine Phasing. <br />Active mining at the site will occur through approximately 2025. The typical ore <br />production rate at Cresson Project is anticipated to be 25 MT per year, but as much as 27 <br />MT per year may be mined Timing for the placement of the remaining ore of the <br />AGVLF will not change as a result of MLE2. Ore placement will continue through about <br />2016, with continued recovery for approximately eight years until roughly 2024, <br />followed by neutralization (six years) and reclamation (two years) until about 2032. The <br />Cripple Creek & Victor Gold Mining Company <br />Cresson Project Mine Life Extension 2 <br />5 -3 <br />