ABANDONED SITES – Virginia, Canadian Royalties & Azimut chip in for rehabilitation

QUEBEC - VIRGINIA MINES, CANADIAN ROYALTIES and AZIMUT EXPLORATION have jointly agreed to contribute $250,000 towar...
QUEBEC - VIRGINIA MINES, CANADIAN ROYALTIES and AZIMUT EXPLORATION have jointly agreed to contribute $250,000 toward the rehabilitation of abandoned mineral exploration sites in northern Quebec. According to a report there are nearly 600 such sites, 18 of which are noted as priority projects.

The program FRAN (for Fonds Explor-Action Nunavik) is a partnership between the Quebec government, mining industry and Inuit community. In the six months since FRAN was created, more than 30 mining companies have promised more than $1.5 million to the program.

A document in English describing the work of FRAN has been posted by the PROSPECTORS & DEVELOPERS ASSOCIATION OF CANADA at www.pdac.ca/pdac/publications/na/pdf/070427-fonds-restor.pdf.

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