GREY:ADEXF - Post by User
Comment by
greenandgoldon Aug 17, 2011 1:17pm
148 Views
Post# 18952134
RE: RE: RE: RE: RE: RE: Capex
RE: RE: RE: RE: RE: RE: CapexThey're not mining in a federal park. From ALS' latest MD&A:
*
"In the previous quarter the Company became more active in Nunavut and was granted 17 prospecting permits that provide Altius with a 2-year exclusive right to stake claims in the same area. The company is targeting iron-formation hosted gold as well as base metals in a 75km belt north of Wager Bay, in the Kivalliq region of Nunavut. The region features the Meadowbank gold mine and the feasibility-stage Meliadine gold project."
*
Altius calls its project Wager Bay Gold. Hope that nomenclature is acceptable to you.