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Feature Article - July 6, 2006
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High prices spark uranium exploration in Clarendon by Jeff Green A company called Frontenac Venture Corporation, which holds historical mining leases for uranium exploration on property near the
John McCance, the President of the South Ontario Prospectors Association, keeps an eye on exploration activity in the region from his base in
“I was at a prospectors’ meeting back in March,” McCance said, “and the amount of interest in uranium was simply astounding. World-wide uranium exploration is picking up, and I would expect that Frontenac Venture Corporation will be doing geological studies this summer to see if their claim is viable.” The new mining claims, which are located where the former Olden and
Again, according to John McCance, the holders of the claim are undoubtedly aware that the claim falls within the Algonquin Land Claim territory, and if the claims, which are preliminary at this point, extend to an advanced stage, they would enter into a dialogue with Algonquin representatives. “As far as I have heard at land claim meetings, extraction rights have not been considered in the claim, but that might change,” McCance said. A study was published in 2000 by the Geological Survey of Canada on uranium deposits in the so-called Frontenac Axis of the
Historically, uranium extraction in
Future uranium mining in
“Everything in Bancroft has been staked,” McCance said, “and this was all happening even before the
The fact that uranium is being prospected in this area does not necessary mean that a mine will ever be established. Ninety-nine percent of mining claims do not proceed to the extraction stage, and establishing a uranium mine anywhere in South eastern
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