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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Strateco Resources Inc SRSIF

Energy
Strateco Resources Inc. is a mining company. The Company is engaged in uranium exploration and development. The Company's Matoush project is located in the Otish Mountains of northern Quebec, approximately 275 kilometers north of Chibougamau and over 210 kilometers northeast of Mistissini. The Matoush project consists of the Matoush, Matoush Extension and Eclat properties, as well as the Pacific-Bay-Matoush property. The Matoush project comprises approximately 590 claims covering a total area of over 31,195 hectares. The Matoush property is located approximately 275 kilometers north of Chibougamau in the Otish Mountains of northern Quebec, Canada. The Eclat property is located in the Otish Mountains of northern Quebec, immediately south of the Matoush property. The Matoush Extension property is located north, west and east of the Matoush property in the Otish Mountains, in Northern Quebec. The Pacific-Bay Matoush Property is located in the Otish Mountains in northern Quebec.


GREY:SRSIF - Post by User

Strateco Resources Inc
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Comment by Paidmydueson Nov 11, 2006 5:45pm
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Post# 11664120

RE: Flooding !!!!!

RE: Flooding !!!!!They invest there bucause it has the best deposits in the world. THere are alof of formations in Sashetchewan that have similar problems, the down side of being in a basin I suppose. I know most of the potash mines actually freeze (!!) the rock around their shafts to help prevent water flow and most of the underground operations in Athabaska apparently have more concrete than an international airport runway. Still, 19% is $20,000 a tonne so I can see why they put up with it. I hope that if Cameco hits anything in Matoush they make it public so RSC can use it themselves wbu who knows what a major will do.
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Dealroom for high-potential pre-IPO opportunities
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