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Area
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Government
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Government
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Grand
Calumet/Uranium |
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Jetcom's
first move into mining is to explore for
uranium in a proven mining camp in the Grand
Calumet area (see area map to left of page).
This region has been actively explored for
copper, zinc, molybdenum and graphite, with
varying degrees of success most notably on
Calumet Island where significant quantities
of uranium and lead/zinc have been located.
The Grand Calumet area has had great success
over the last 50 years with the finding of
the Calumet Uranium deposit and those developed
by Yates Uranium.
Jetcom's holdings are located 3 miles to
the East of the Ottawa River at Grand Calumet
Island. Access is gained from Highway 8,
joining Hull with the Fort Colonge Road.
The rural region is well populated with a
number of small towns along the Ottawa River.
In the event of any major mining operations
being undertaken, manpower would be readily
available. In addition, the region is well
served with electrical power with lines very
close by.
The Province of Quebec is environment friendly
and pro-mining. Super Flow Through Funding
has been a great incentive for companies
exploring in the province.
Jetcom's holdings are located over units
of the Grenville Province mainly folded,
faulted and metamorphosed excarbonate sediments
that have been intruded by granites. Late
stage uranium bearing pegmatite bodies are
associated with these granites.
With uranium rich zones often associated
with brecciation and depressions, the glacial
deposits may be masking the most prospective
zones. The three most likely styles of uranium
mineralization are the pegmatitic type, the
contact metaphoric type and the vein type.
(Beaverlodge Model)
The uranium mineralization consists of uraniferous
minerals disseminated in the pegmatite and
locally in surrounding country rocks (calc-silicate
rocks, quartzite, marble, etc). These uranium
deposits and showings are frequently compared
to ore deposits such as Rossing, Namibia
and in Madawaska, Ontario.
Jetcom has entered into the Uranium Exploration
business in a very timely manner. In an interview
with Neal Froneman, chief executive officer
for SXR Uranium One Inc., he is quoted stating
"uranium may more than double to $250 a pound
next year as demand for the nuclear fuel
outpaces production". He also mentioned that
there will be some resistance at around the
$200 - $250 a pound level which could prove
costly for the utility companies.
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