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Kicking Horse Gets Master Plan Approval

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SAM Magazine--Golden, B.C., January 26, 2010--Canadian Premier Gordon Campbell announced the approval of Kicking Horse Mountain Resort's New Master Plan. The 40-year plan includes 20,000 bed units, an 18-hole golf course, a multi-use trail system with 11 proposed lifts and 4,188 acres of skiable terrain.

"At the Provincial level we have now approved Kicking Horse's Master Plan," Premier Campbell said. "It opens up enormous opportunities; an opportunity to build tourism, to build this resort and to let it take the next step forward."

"Kicking Horse Mountain Resort has the natural assets to be one of the finest mountain resorts in North America," added President and CEO Steve Paccagnan.

Kicking Horse first opened its doors in December 2000 and has since invested CDN $100 million into the property.

The final step in the approval process under the Commercial Alpine Ski Policy will be the signing of the master development agreement.