Elliot Lake diamond diggers, Pele Mountain Resources, have given a name for their mine project now edging closer to development.
The 'Eco-Ridge Mine' is moving toward production with a positive scoping study for the project which outlined a proven resource of 6.4 million pounds of indicated uranium, and 36.1 million pounds of an inferred reserve.
Company president Al Shefsky says the mine's name reflects the company's commitment to "sustainable development as we lead the next generation of uranium mining at Elliot Lake."
The junior miner has gathered, what they call, a "top-notch technical team" to employ environmentally-friendly technologies to develop a "safe, secure and reliable operation never before deployed in Canadian uranium mining."
Operations vice-president Fergus Kerr is handling the licensing application to the Canadian Nuclear Safety Commission.
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