Shoal, Cameron Lake properties halted by environmental concerns and price of gold.Shoal, Cameron Lake Cameron Lake, Ontario is one of the Kawartha Lakes and is a lake bordering the town of Fenelon Falls and is part of the Trent-Severn Waterway. The lake is some 4 miles long by 2 miles wide and is quite deep, reaching 50 feet in places. properties halted by environmental concerns and price of gold There's gold in northwestern Ontario Northwestern Ontario is the region within the Canadian province of Ontario which lies north and west of Lake Superior, and west of Hudson Bay and James Bay. It includes most of subarctic Ontario. and the Kenora district near the Manitoba border is no exception, but a few stumbling blocks stum·bling block n. An obstacle or impediment. stumbling block Noun any obstacle that prevents something from taking place or progressing Noun 1. are in the road of future developments. The price of gold and environmental concerns have two projects in holding patterns. The Cameron Lake project southeast of Kenora is playing a waiting game with the price of gold and the Duport Mine property on Shoal Lake Shoal Lake is a lake in extreme west of Ontario, Canada, northwest of Lake of the Woods. Depending on the water level of Lake of the Woods, Shoal Lake runs both into and out of Lake of the Woods and, for many practical purposes, is part of that lake. is surrounded by controversy over fear of water contamination. "We're waiting for the price of gold to show a little upward movement," says Douglas Hume, president of Cameron Lake developer, Nuinsco Resources. "We need to see a little more joy in the gold market itself. It wouldn't be appropriate to attempt to arrange funding for the project with the present market conditions." The Cameron Lake site has 3.15 million tons of estimated ore reserves down to the 2,600-foot level, grading at .168 ounces of gold per ton. Proven and probable reserves of 996,000 tons down to 1,000 feet at .184 ounces per ton will give the project a four-year life, with remaining possible reserves extending production to 10 years. "Cameron Lake is our principal property in the area right now. We have other properties in the region with possible reserves, but we're waiting until Cameron Lake comes on-line before we move on anything else," says Hume. The Cameron Lake deposit will require $22.7 million to bring in hydroelectricity to the site, construct a 1,000-ton-per-day mill and begin extraction. Nuinsco has already cleared a road to the site. Nuinsco has done some drilling at its nearby Monte Cristo Monte Cristo (mŏn'tē krĭs`tō, Ital. môn`tā krē`stō), unpopulated, rocky island, 6 sq mi (15.5 sq km), belonging to Italy, in the Tyrrhenian Sea between Corsica and the Italian coast. property with some "encouraging" results, says Hume, but no new ore has been found as yet. Cameron Lake is not showing high grade ore, but if the price of gold increases, the project could be worthwhile. "It's not a high-grade ore, but other mines are operating with lower grades. Our feasibility study The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. is complete and it's positive. We're ready to go if the price of gold comes up." says Hume ENVIRONMENTAL STUDIES The Duport mine site is located at Stevens Island on Shoal Lake, which is the source of drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. for the city of Winnipeg. The province of Manitoba and Winnipeg have demanded environmental studies because they are concerned that the mill will contaminate con·tam·i·nate v. 1. To make impure or unclean by contact or mixture. 2. To expose to or permeate with radioactivity. con·tam·i·nant n. the lake. Dick Dunlop, president of developer Consolidated Professor Mines, says the mine will employ a two-pond settling system. The Ontario Ministry of the Environment designated Duport as the first-ever gold mine to be reviewed under the province's Environmental Assessment Act, The assessment could be completed later this year and may be followed by more public hearings. Duport has proven and probable reserves of 902,400 tons at .35 ounces of gold per ton and geological reserves of two million tons also at .35 ounces per ton. Consolidated Professor is looking at a $53-million investment for pre-production costs. The mine site produced 4,672 ounces of gold in the mid-1930s. Underground drilling has been conducted to the 660-foot level. The Cedar Island Cedar Island may refer to:
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