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Vanadian Energy Corp V.VEC.H

Alternate Symbol(s):  URCFF

Vanadian Energy Corp. is a Canada-based exploration company focused on exploring for vanadium deposits in Manitoba. The Company has the right to earn up to 100% interest in the Huzyk Creek Vanadium Property (the Property) in north-central Manitoba. The Property is located approximately 75 kilometers southeast of the town of Snow Lake, Manitoba, and consists of a Mineral Exploration License covering approximately 216 square kilometers. This area has seen significant exploration for base metal mineralization as it lies within the projected extension of both the Flin Flon/Snow Lake belt and the Thompson Nickel Belt.


TSXV:VEC.H - Post by User

Bullboard Posts
Post by metalslugon Jun 18, 2010 3:17am
417 Views
Post# 17200761

Uranium on the North Shore

Uranium on the North Shorehttps://www.cyberpresse.ca/le-soleil/affaires/les-regions/201006/17/01-4290775-uranium-sur-la-cote-nord-uracan-entreprend-sa-grande-seduction.php

(Baie-Johan-Beetz) Three years after completing its initial drilling, Uracan Resources Wednesday began its great attraction by inviting the media to visit its uranium exploration site located north of Baie-Johan-Beetz east of Havre-Saint-Pierre, Mingan.
This first approach, which occurs about three months after the company had hired a public relations firm, is certainly no stranger to bad press experienced by Terra Ventures, the company whose proposal for uranium exploration near Sept-Iles has prompted an outcry and was finally set aside in December.

The grouping of opposition to the uranium industry on the North Shore Sept-Iles without uranium, moreover, has not missed the opportunity of coming back, going to the venue on the outskirts of Route 138. "Is that fair qu'Uracan hires a lobbying campaign to convince people of his project? Is that's the respect for democracy? "Questioned the spokesman, Marc Fafard, recalling that all municipalities of the MRC de Mingan, with the exception of Havre-Saint-Pierre, have already spoken against the exploration and exploitation of uranium on their territory.

Uracan Resources concedes she has a way to do to win popular favor, and in this sense, the company intends to do fieldwork, especially to communities, organizing this fall of public information meetings. "Uracan wants to do business in Quebec, with respect and being transparent. Today is already a sign that we want to go in that direction. [...] He said a lot about the uranium for 10 months from the case of Terra Ventures. We want to demystify the production and exploration for uranium, "said public relations firm of the renowned National Loubier.


Storage negotiated

The company has also just agree with the neighboring municipality of Aguanish to rent a storage site after the same locality had demanded compensation of $ 8,000 to the company for using city-owned land without permission . The sum was paid by Uracan.

This agreement does not however change the position of the municipality, which always requires a moratorium on uranium industry. "Legally, nothing can be done to prevent them from settling here, so we agreed to avoid a place they installed anywhere and anyhow, as they did this winter, "says managing director Aguanish Bernard skid.

The company does not hide his long-term goal of running a uranium mine within 8-10 years if the market demand allows. "I think we can convince the majority of the population that not only is there no danger to health and the environment in addition to that, it can lead to the creation of 400-500 jobs standing for seven or eight generations, "said Loubier.

It must be remembered that the new Mining Act, the Quebec government, which is currently under consultation, require mining companies to obtain the social acceptability of their plan before executing.

For now, a dozen men prepare the drilling season which should begin in the coming weeks. The uranium potential of drill core recovered from the area "Double S" of Uracan ranges between 0.005% and 0.012%. Some 180 holes were drilled by the company since 2007. Uracan Resources holds mining claims north of Aguanish and Baie-Johan-Beetz, a distance of approximately 1,000 square meters.

With the collaboration of Steve Paradis
Bullboard Posts