Jeff Green | Oct 23, 2008
Oct 23/08 - Frontenac Ventures Plans for '09
Back toHomeFeature Article - October 23, 2008 Frontenac Ventures planning of ’09 – George WhiteBy Jeff Green
A gathering is being planned for Saturday and Sunday at the Robertsville mine gate, as rumours that Frontenac Ventures Corporation has vacated the Robertsville site for good have been denied by Frontenac Ventures President George White.
“Our basic program for 2008 has been completed, and we’re starting to line up ’09,” said White, when interviewed earlier this week.
When asked specifically about the company’s diamond drilling program on their uranium exploration site, White was not so forthcoming. “That is proprietary information,” he said. “There was a program scheduled for this summer and every aspect of it was carried out. We got our final consultant’s report in late September and it is being analyzed right now.”
White said he is not pleased by the current market price of uranium, which has dropped to $45 a pound this week. It peaked at $140 a pound in May of 2007.
“The number of new nuclear power plants is still increasing and the price will go to $75 - $90 a pound in the short run,” he said.
Of more concern to White is the fact that it will cost $1 million for the exploration program the company has planned for 2009, and up to $10 million to bring the project forward if the ongoing results show it is warranted.
Last summer, in the midst of an occupation of the exploration site by members of the Ardoch and Shabot Obadjiwaan First Nations, a planned $5 million financing deal fell through, leaving Frontenac Ventures having to look elsewhere for funds.
“We’ll have a crew back there in the spring,” said George White.
Peter Jorgenson, one of the co-owners of the Robertsville mine, which has been leased by Frontenac Ventures, said he does not know much about the company’s plans, but “they pay the rent on time.”
Members of the Ardoch Algonquin First Nation are organizing a loosely defined gathering at the gate of the Robertsville mine this weekend, October 25 and 26.
Under the umbrella title “Pray for the land” the event will begin with a sunrise ceremony at the gate of the mine site on Saturday morning, Different church and religious groups have been invited to attend at any time throughout the weekend.
Bob Lovelace, who came up with the idea for the event, sent an invitation to George White to attend, and also asked that the gate be opened for the occasion, but White declined on both counts, although he said “I’m sure some of our people will be there to observe”.
A court injunction came into effect on September 19, 2007, prohibiting protesters from encroaching within 200 metres of any workers at site, and George White said that as far as he knows the injunction is in place until the end of this year.
Bob Lovelace served over 100 days in the federal penitentiary at Lindsay for defying the injunction and refusing to enter into an undertaking not to defy it. He was released on appeal in late May, and has conducted teachings at the gate on several occasions since then without incident
People have received summonses for attending at the site, but none have been prosecuted thus far.
Lovelace himself will not likely be attending this weekend, as he is undergoing surgery.
Information about “Pray for the Land” is available at http://www.uraniumdefense.ca