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Strateco Resources Inc SRSIF

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

Bullboard Posts
Post by francemarketon Jun 26, 2013 11:32am
199 Views
Post# 21573717

COMEX report and Social acceptability

COMEX report and Social acceptabilityStrateco always said in the media that the project was unanimously supported by the CNSC (Canadian Nuclear Safety Comission) by the COFEX (Federal Review Panel) and by the COMEX (Environmental Review Panel).

Take the time to read this document from the COMEX: Environmental Review Report for the Matoush Project.


https://www.gcc.ca/pdf/COMEX-Matoush-report_ENG.PDF

It's the english version (but the table of content is in french!!!)

Now, take a look on page 31. You can read ''COMEX has serious reservations about the project. They have 16 conditions. Conditions number one is ''Social acceptability''

You can read ''...must obtain the Crees's consent, through the Mistissini Band Council,with regard to the project's social acceptability and must enter into written agreement to that effect with the Band Council or another body designated by the Band Council. A copy of the agreement must be sent to the Provincial Administrator and to COMEX for information purposes before excavation of the ramp begins.''

Now I understand why the Quebec's Minister of Sustainable Development, Environment, Wildlife and Parks, Yves-Francois Blanchet don't need to wait for the ''Bape Report'' or a decision of the ''Superior Court''. Strateco received the permit from the CNSC but they are unable to comply with all the 16 conditions.

This is my personal understanding of the situation and I'm not a lawyer.
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