Canadian firm looks to reopen uranium mine

The Associated Press(August 17th) reports Landmark Alaska is spending $4 million this year on an exploration program at Bokan Mountain.

Bokan Mountain, the Prince of Wales Island site where Alaska’s only producing uranium mine was in operation from 1957 to 1971.

General Manager for Landmark Alaska, Cliff Hanson says:

there is potential for permitting and construction to occur between 2011 and 2013 for a mine to target uranium and rare earth metals at the site above Kendrick Bay, about 40 miles from Ketchikan. The Bokan Mountain mine could provide up to 1,000 direct jobs.

 “When you establish a mine like this, it becomes a part of your community.”

Landmark Alaska is the U.S. subsidiary of Ucore Uranium Inc.:

Ucore is involved in seven exploration projects at present, mostly in Canada.

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