A Canadian shipping company, Canarctic, is proposing to examine the development of a marine transportation system to service resource development in the Coronation Gulf region of the Northwest Territories.
Andy Taylor, project manager, told The Northern Miner that Canarctic is optimistic funds will be raised for the study which would identify and recommend a reliable and economic marine transportation system to support mineral resource development in the region.
The company is funding a portion of the costs, and has asked mining companies active in the area to contribute. Canarctic will also be seeking support from the federal and territorial governments.
The region south of Coronation Gulf features a greenstone belt considered to have significant potential to host mineral deposits that would likely require shipment of concentrates.
Preliminary oceanographic and ice studies indicate a minimum 100-day shipping season from Coronation Gulf, and also suggest that large-tonnage ships, with 30,000 tons capacity, could reach European ports in 10 days of sea voyage. This route would be similar to that used by the Nanisivik mine which has been producing zinc on Strathcona Sound, Baffin Island, 435 miles north of the Arctic Circle since 1977.
The route would also be similar to that used for the last 10 years by
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