SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canada Carbon CCB-V
CCB 107.73+1.2%Nov 3 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: vitalremains4/4/2017 9:56:21 PM
4 Recommendations

Recommended By
hoperrs
jiggydo
llama1337
Tensane 1

   of 1871
 
Canada Carbon granted active mineral claims at Miller

2017-04-04 11:12 ET - News Release

Mr. Bruce Duncan reports

CANADA CARBON ISSUED ACTIVE CLAIMS FOR 100% OF ITS PREVIOUSLY PENDING MILLER PROPERTY CLAIMS

Canada Carbon Inc. has been issued active mineral claims for all of the previously pending claims on the Miller property. The pending claims were in that state because they overlaid, completely or in part, areas which were restricted in 2014 by regional county municipalities in order to protect certain lands from mineral exploration. That temporary restriction was to be revised once new guidelines to define such territories were passed into law by the Province of Quebec. Those guidelines were released in January, 2017, and the Argenteuil Regional County Municipality sent a proposal for mining incompatible territories within its boundaries to the Ministry of Energy and Natural Resources (MERN). The 2014 restrictions were then replaced with the newly defined incompatible zones. MERN then removed the pending status from the mineral claim applications and active claims were issued to Canada Carbon Inc. because the new mining incompatible territories cannot be retroactively applied to either existing or pending mineral claims.

Despite the fact that the newly granted claims are restriction free, in a letter to the Municipality of Grenville-sur-la-Rouge, dated Feb. 16, 2017, the company indicated that it intended to perform a review of areas that the municipality identified as currently incompatible with mining activities to ensure that the company's activities are in line with the municipality's development plan to the greatest extent possible. Based on the review completed to date, the company has already decided not to perform exploration work on the following areas:

-The cottage area surrounding McGillivray Lake;
-The Calumet urban perimeter;
-The Riviere-Rouge Parc project;
-The Rouge River corridor;
-The historical, cultural and patrimonial areas in the McGillivray Lake area and the northern Scotch Road settlements;
-Active agricultural zones.

The company will conduct an evaluation of the remainder of the recommended areas by the municipality to determine their potential for high-purity graphite hosted in marble before performing exploration work over the newly active claims. As usual, the company will enter into direct contact with any landowner on whose property it may wish to explore.

Canada Carbon's executive chairman and chief executive officer, R. Bruce Duncan, remarked: "Canada Carbon now possesses 180 active mineral claims with a total area of over 103.76 square kilometres. This claim package secures all of the marble units in the vicinity and ensures that Canada Carbon will be the only high-purity graphite explorer active in the Grenville-sur-la-Rouge territory."

Miller project update

The company recognizes that the issue of water quality is critical to the Argenteuil Regional County Municipality, citizens of Grenville and Grenville-sur-la-Rouge, and their respective municipal representatives. An independent third party review of the Miller project hydrogeology and its impact on Grenville's municipal well is being conducted. The company welcomes the review and has provided the consulting firm with all of its hydrogeology reports.

Mr. Duncan remarked: "The Miller project land use application to the CPTAQ was updated in March, 2017. The company will also be providing citizens with follow-up information to questions that emerged during the public meetings held in February, 2017."

Canada Carbon has established a dedicated page on its website to host final environmental and other assessment reports, which will be updated as new information becomes available. The Miller project reports page can be accessed from the home page of the Canada Carbon website. The company will provide periodic updates through newspaper ads and flyers delivered to Grenville-sur-la-Rouge residents; and it will hold further public meetings from time to time as the results of the project feasibility study are made public and the quarry and mine permit applications are considered.

We seek Safe Harbor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext