In late September, GreenLight Metals, a mining company, submitted a letter of intent to the Department of Natural Resources in late September, in which it included the exploration of a mineral deposit in the Chequamegon National Forest. The deposit, known as the Bed Deposit, was first discovered in 1986. The first drilling attempt took place there in the 1990s. The site is likely to contain copper, gold, and silver, the amount of which could total 4.23 million tons. If approved, the company plans to carry out the project starting in November. Before any work can begin, the company needs to secure the approval of the county.
The submitted document reveals that the drill will take place at six sites located on a 40-acre parcel of land within the forest in Taylor County. The project is expected to last for 12 weeks, followed by the restoration of the drill sites. Such a restoration effort will likely cost up to $46,000. The drilling project, as argued by the CEO of GreenLight, tends to impose minimal impact on the surrounding environment as it is conducted by licensed professionals. Meanwhile, the company is committed to closely monitoring the surrounding land and water for impacts during the process.