In short: A cautionary example raised by the host. Regulators study "what went wrong," but the Eagle failure "wasn't a tailings facility. It was a heap leach that failed" — and Contango's DSO projects avoid building either, which he says makes Alaska permitting easier rather than harder.
Victoria Gold's Eagle mine in the Yukon suffered a collapse of its heap leach — a huge pile of crushed ore sprayed with chemicals to dissolve out the gold — and the company went into receivership. The host asked whether that disaster makes permits harder to win in Alaska. Van Nieuwenhuyse's answer is that regulators study specific failures, and Contango's projects build neither a heap leach nor a tailings dam, so the kind of failure that sank Eagle is not part of what they are asking permission for.
18:34So if you have a tailings facility that's already permitted and has already been demonstrated to operate correctly, then that actually makes their job a lot easier. And of course the Eagle situation, it wasn't a tailings facility. It was a heap leach that failed. And so you have to be kind of specific; if you're a regulator they want to be looking at the things that — here's what went right and here's what went wrong. So but that is one of the
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