Gold exploration firm meets with concerned Black Hills residents
Company looking to explore for gold near Silver City
SILVER CITY S.D. – It was a standing room only crowd on Tuesday night in the Silver City Schoolhouse. Community members showed up in full force to hear from a company looking to explore for gold near Pactola Reservoir.
F3 Gold, a mining exploration company based out of Minneapolis, Minnesota is looking to set up shop in the heart of the Black Hills. On Tuesday, they told the public about their plans, and answered their many questions.
F3 will be exploring for gold. That means they’ll evaluate the ground and geology in their search. They say they have no plans to drill and extract gold. They already submitted a drilling application with the United States Forest Service, but they’re still waiting to hear back.
F3 also says they’re an environmentally conscious company which partners with local organizations such as the South Dakota School of Mines and Technology, and the Boys and Girls Club.
Many in the overflow audience are concerned about the environmental impact of their operations, saying the gold exploration could be a slippery slope to a full-scale gold mine.
“A lot of people are concerned about the possibility of exploration for gold at the inlet at Lake Pactola,” said Black Hills Clean Water Alliance Member Lilias Jarding. “Pactola is Rapid City’s water supply. We have some people here from Rapid City like myself, and we want to know whats going on.”
But F3 says that if they do find gold, it would most likely be deep underground and not mined with an open pit similar to operations in Lead. F3 leadership and said that if it does discover gold, it won’t use water from nearby Rapid Creek or any other creek.
Though it’s early in the process, F3 says it hopes to begin exploratory drilling within the next two years.