Sagamok / QuadraFNX

At QuadraFNX Victoria Property, May 2011, Sagamok’s mining team including from left Nikki Manitowabi, Levi Southwind, Alex Ker and Michelle Toulouse, together with FNX representatives

More news from Sagamok Anishnawbek, a long standing Stonecircle client with a proactive, community-focused approach to resource development companies and mining.

Since the fall of 2010 Sagamok has been engaged in the negotiation of a Memorandum of Understanding with QuadraFNX with respect to the company’s advanced exploration project at its Victoria Property west of Sudbury. The property is located within Sagamok’s traditional territory and encompasses a brownfield site where mining operations were conducted in the late 1800s and then again in the 1970s. The company plans investment of approximately $200 million over three years in its advanced exploration project and will be drilling what will become the deepest continuous mine shaft in the Sudbury mining camp, at nearly 6500 feet. Over the next three years it is expected there will be 150-200 jobs associated with construction and development of this particular project.

With the return of better weather, this spring Alex Ker along with other members of Sagamok’s mining relations team, were able to tour the project property and observe both environmental conditions and drilling operations first hand.