Pele Mountain Resources Inc. (TSXV:GEM) received a letter of public support from the Council of the City of Elliot Lake, Ontario, in regards to the development of the Eco Ridge Mine Rare Earths and Uranium Project.
As quoted in the letter, which was signed by Mayor Rick Hamilton and unanimously approved by City Council, stated:
As we have repeatedly stated on-record, the City of Elliot Lake promotes and encourages economic development including the responsible development of mining operations that can deliver sustainable, long-term benefits to our community. The involvement of these talented and experienced mining professionals (Pele’s Executive V-P Roger Payne and consulting engineers with long-term ties to Elliot Lake) promotes our confidence that your project will be advanced according to the highest industry standards. We hereby express our support for the development of the Eco Ridge Mine Rare Earths and Uranium Project.
Pele President and CEO Al Shefsky commented:
We are honoured to receive this public statement of strong support from Mayor Rick Hamilton and the City Council. We are committed to the pursuit of responsible development at Eco Ridge, which we firmly believe will deliver long-term sustainable benefits to Elliot Lake and nearby communities. Our Eco Ridge Mine project has established Elliot Lake, Ontario as a clear leader in the ongoing race to develop new sources of critical rare earths outside of China.