“We have just applied for funding from the federal government to make the project ‘shovel ready’”
Western Nunavut’s Grays Bay Road and Port Project is back: the Kitikmeot Inuit Association’s wholly-owned subsidiary, the Nunavut Resources Corp., has reapplied for money from the federal trade corridors program.
“We have just applied for funding from the federal government to make the project ‘shovel ready,” said Scott Northey, the NRC’s director and CEO, who spoke at last week’s Nunavut Mining Symposium in Iqaluit. To do that, they’ll need about $22-million to add to the roughly $7 million that Nunavut Tunngavik Inc. has committed to the project.
The $550-million Grays Bay project would involve the construction of a 227-kilometre all-weather road running from the site of the defunct Jericho mine, which is located at the northern end of the Tibbit-Contwoyto winter road, to a deep-sea port at Grays Bay on Coronation Gulf. Continue Reading →