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North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property. The Falcon Property is located approximately 35-kilometer (km) east of the former Key Lake Mine and the active Key Lake uranium mill which processes ore from the McCarthur River Mine. The West Bear property consists of five mineral claims totaling 4,511 hectares located at the eastern edge of the Athabasca Basin which hosts two producing uranium mines.


TSXV:NSU - Post by User

Comment by butcher12345on Aug 30, 2017 12:02pm
173 Views
Post# 26637409

RE:RE:savana

RE:RE:savana

Rakita acquires 220 ha land for mine opening in Bor


Canadian company Nevsun bought, through its daughter company Rakita, about 220 hectares of land for opening a copper and gold mine, although it has not been granted permission from the Serbian government for exploitation of ore deposits in the Bor region, Novosti finds out. 

According to the Belgrade’s newspaper, the Canadians bought land from citizens, and recently they have received approval from the Government of Serbia for development of a special purpose plan for opening of the mine. However, Nevsun is officially still in the geological exploration stage, although it is known that the project for opening new mining site has been mainly completed.

- We initiated a meeting with leaders of Rakite, but also with RTB Bor experts - Aleksandar Milikic, president of the Bor municipality says.

- We want to have an insight into impact of the mine on the environment, use of municipal land from a Canadian company, as well as purchase of land for the purpose of opening the mines, and to know how to exploit ore from a future mine 7 kilometers from the city. If it will be where we think it will, Bor will literally be surrounded by mines. On one side, RTB Bor, and on the other, the one opened by the Canadians. Our city would thus literally be at the center of two industrial giants.

https://www.ekapija.com/en/news/1864422/rakita-acquires-220-ha-land-for-mine-opening-in-bor
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