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Aquila Resources Inc T.AQA


Primary Symbol: AQARF

Aquila Resources Inc is in the business of exploring for and developing mineral properties. It operates in two geographical areas, the United States and Canada. It has three assets, the Back Forty Project located in Michigan's Upper Peninsula; Bend Project and Reef Project, are found along the mineral-rich Penokean Volcanic Belt. The area hosts multiple deposit types including VMS, magmatic copper-nickel and stratiform copper.


OTCQB:AQARF - Post by User

Bullboard Posts
Comment by solemanon Dec 19, 2016 6:20pm
101 Views
Post# 25621832

RE:The location

RE:The locationThe County said no to Aquila in moving the road. Cliff Nelson said the minerals are under the road. Can't they just put the wash plant next to the river and dig under the road and use that river water to Sluice? Tony Beets would buy a dredge and mine all up and down that river. 

The Menominee County Board of Road Commissioners on Thursday put the brakes on a proposal presented by Aquila Resources Inc. to realign River Road for mining purposes and to create a truck route to the mine.

Cliff Nelson, vice president of operations U.S. Aquila Resources Inc., presented two road proposals at a special meeting of the road commission. He said the proposal calls for the main access road to be an all-season road with new construction from Swanson Road to the Aquila property gate, and with a portion of County Road 356 and Swanson Road upgraded to an all-season road.

Benefits to this route would be creating a direct route compared to driving from River Road to Rosebush Lake Road to CR356 and Swanson Road and G-12.
Because the company would like access to its mineral rights underneath the road, they are requesting the road commission to bypass approximately 2,500 feet of River Road. Nelson said the realignment of River Road is designed to stay away from all the cultural sites, and would take traffic off River Road to allow the company access to the mineral rights.
About 50 people attended the special meeting on this proposal. Those in attendance included members of the Menominee Nation Tribe, representatives from Lake, Holmes and Daggett townships, and those in opposition to the mine

 “You can’t physically move the road, so you are actually abandoning it. You are also asking to have that road 28 meters from the river. How close is the new road to the river?” he asked.
Nelson said 70 feet.

Boerner said pictures he has taken of that area in the last 12 to 15 years at times showed water on both sides of the road.

“There’s a danger of flood there,” he said.

Following about 50 minutes of comments, Anthony Kakuk, board chairman, said, “From my understanding, Aquila doesn’t have all its permits, and I don’t think, I am not going to make a decision on the realignment until we know all your permits are intact for the mine. That’s when we get down and really discuss the realignment deal.”

Board member Joe Skrobiak said he felt the same way. “This is just free-jumping into the lake,” he said.

Board member William Anderson also agreed. The board voted unanimously to hold up the realignment.

As for the proposed truck route access to the mine, Kakuk said he is against going through state land. “The problem is we lost 10 percent of our natural resources since 1992, that’s the whole United States, Alaska, Hawaii. Think 10 percent of that land. Now we are going to give away another 2 miles, 66 feet wide, to take away from our hunting,” he said. “We’ve got to preserve our wilderness.”

The other two board members were also against going through state land.
 
Skrobiak and Kakuk said they had received a lot of phone calls about this and not one person was in support.
A few members of the public commented they would like the board to have an attorney review this issue.
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