Federal grant · project grant (b)
The Igiugig Village Council Ivc a Federally Recognized Tribal Government Situated on the Southern Shore of Lake Iliamna in Alaska Is Seeking Grant Funding From the Bia Energy and Mineral Development Program Emdp to Commence the Development of the Diamond Point Property Into a Fully Functional Quarry. Acquired in 2014 This 140ACRE Parcel Including All Necessary Development Permits Aligns With the Tribes Vision to Diversify Regional Employment Opportunities Reduce Local Goods and Services Costs and Supply Critical Construction Materials Needed Across Alaska.this Project Is Structured Into Several Phases Designed to Establish the Operational Quarry at Diamond Point. Phase 1 the Focus of the Current Emdp Grant Request Involves Conducting Comprehensive Geological Assessments to Validate the Viability of the Proposed Quarry and Developing a Preliminary Mining Plan. This Foundational Phase Is Crucial for Setting a Robust Groundwork for Subsequent Phases Which Include Funding Acquisition Development of an Improved Barge Landing and Loading Facility and Finally Rampup to Operations. the Meticulous Planning and Phased Development Approach Are Intended to Enhance the Projects Attractiveness to Investors Ensure Regulatory Compliance and Provide Substantial Economic and Infrastructural Benefits to the Igiugig Community and Broader Lake Iliamna Region by Developing a Centrally Located Rare Armor Rock and Large Rip Rap Quarry for Projects Throughout Southcentral Alaska.
Committed
$1.5 Million
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