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Under the program, Saskatchewan’s provincial government will spend $1 million on a geophysical survey of the area around Flin Flon, Creighton and Denare Beach. A budget proposal for other parts of the project is in the planning stages. The surveying will be done jointly by the Geological Survey of Manitoba and the Geological Survey of Canada and Natural Resources Canada. Work on the project is expected to begin before early March. Along with the aerial survey, both the provincial and federal governments will begin an incentive program for junior mining companies undergoing exploration in northern Saskatchewan. “The strategy will include both a geoscience component and an incentive program targeted at junior companies who are exploring for base metals, precious metals and diamonds in a specified region of high mineral potential,” read a statement from a spokesperson from the Saskatchewan Ministry of Economy.
Election result in Greenland could jeopardize Kvanefjeld project
Drillers at the Sorensen deposit, part of Greenland Minerals’ Kvanefjeld REE-uranium project on the southwest coast of Greenland. Credit: Greenland Minerals.
A snap election on April 6 focused on mining, fishing and the environment, saw Greenland’s Inuit Ataqatigiit (Community of the People party) secure 37% of the votes, giving it 12 seats in the 31-seat national assembly (Inatsisartut).
Inuit Ataqatigiit opposes the development of
Greenland Minerals’ (US-OTC: GDLNF; ASX: GGG) Kvanefjeld rare earths project, which would produce uranium oxide as a by-product. The Australian company’s major shareholder is Chinese-owned Shenghe Resources.
“We say no to uranium mining,” Mute Bourup Egede, Inuit Ataqatigiit’s leader, said in a statement to Greenland’s public broadcaster, KNR.
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