- Published on Tuesday, 29 May 2012 01:00
By Star Staff
The Wolf Lake Coalition is once again urging the Ministry of Northern Development and Mines to let a mining lease in the Wolf Lake old-growth forest expire Thursday.
In fact, the coalition argued in a release Monday that regulations in the Mining Act would support such a decision, and that to allow exploration would be "shameful."
"The Mining Act affirms that if the leaseholder is not in production or on the road to production in that lease, it should expire," the coalition said. "According to public records, very little activity has occurred on this lease for the past 30 years. Not only is this area not in production -- it is not remotely close.
"Under our own legislation, this lease should not be renewed."
Flag Resources, a Calgary based company, holds mining leases in the reserve. The company's president, Murdo McLeod, has said in the past there is potential for gold, copper, cobalt and palladium mines in Wolf Lake, where the company has been since the 1980s.
Last spring, one of Flag Resources' mining leases was renewed until 2031, with the second 21-year lease up for Thursday.
In an email Monday, McLeod told The Star Flag Resources has not been active in the lease area, but plans to open a Sudbury office "soon."
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