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Canada Carbon Inc V.CCB

Alternate Symbol(s):  BRUZF

Canada Carbon Inc. is a Canada-based mining exploration and development company. The Company is focused on the acquisition, exploration and development of graphite deposits. It holds a 100% interest in two graphite properties located in Quebec: the Miller Graphite Project located in Grenville-Sur-La-Rouge and the Asbury Graphite Mine located in Notre-Dame-du-Laus. The Miller hydrothermal lump-vein historical graphite mine and surrounding property covers approximately 100 square kilometers (km2) and is located around 80 km west of Montreal in the Grenville Township. The Asbury Graphite Mine property is made up of two claims for a total of 119 hectares (ha). The Mine is located around 8.1 kilometers (km) northeast of Notre-Dame-Du-Laus in the Laurentides Region of southern Quebec.


TSXV:CCB - Post by User

Post by gunzodon Oct 15, 2023 7:35pm
332 Views
Post# 35684617

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rougeL’exploitation de Canada Carbon est refuse par le CPTAQ
  • Le Journal de Quebec
  • 14 Oct 2023
ARCHIVAL PHOTOCanada Carbon's Grenville-sur-la-Rouge mining project will not go ahead in the end. After several years of battle, the municipality won the case.
QMI AGENCY | After several years of battle between Grenville-sur-la-Rouge, in the Laurentians, and Canada Carbon for the development of a graphite mine in an agricultural environment, the municipality won its case with the Commission de protection du territoire agricole du Qubec (CPTAQ).

The organization on Thursday denied the B.C.-based company's request in a preliminary guidance.

Canada Carbon had applied to operate a graphite mine of nearly 85 hectares on the municipality's agricultural land. This project also included the cutting of maple trees.

However, the commission believes that the operation of a mine and the cutting of trees would harm the forestry and maple syrup potential of this sector of the Laurentians. It also notes the disturbance this could cause to soil and water resources.

For its part, the municipality of about 2800 inhabitants had reaffirmed its opposition to the project in the file.

"The project will have a negative impact on existing and developing maple syrup resources, both within the local municipality and in the region," the city said, according to the 17-page report.

Canada Carbon, for its part, argued that the project would have "significant economic benefits" for the municipality and the region.

SECOND CONFLICT

This is not the first time that the company and the municipality have found themselves in conflict. In 2018, Carbon Canada filed a $96 million lawsuit against Grenville-sur-la-rouge for blocking the project.
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