200 kilometers north of Nakina sounds like the" Ring Of Fire"
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Geraldton‘s otherwise sluggish economy could become a little more vigorous next month when a new metal assay service opens in the downtown.
Activation Laboratories, (Actlabs) which has a branch in Thunder Bay, says its Geraldton field office to open on Main Street could eventually employ up to 15 people.
“We have a lot of (employment) applications coming in,” Actlabs regional manager Ryan Mackie said Wednesday.
Mackie said the company is investing $250,000 in Geraldton to retrofit a 5,000-square-foot office to put assay facilities “closer to our clients.”
Actlabs was founded about 20 years in Hamilton, Ont.
Though the global drop in metal prices has slowed exploration in 2009, the Municipality of Greenstone has been active with junior companies for the past few years.
Some forestry workers laid off from the region‘s idled lumber and plywood mills have been taking courses that will enable them to work on diamond-drilling operations.
“I think things are going to be picking back up a bit very soon,” said Garry Clark, the Thunder Bay-based executive director of the Ontario Prospectors Association.
Actlabs‘ Thunder Bay operation employs 70 people. The city‘s other two assay companies – Accurassay Labs and ALS Chemex – have similar workforces.
In addition to trying to revive former gold operations in Geraldton and Beardmore, junior companies are actively exploring potential copper, zinc and chromite deposits located about 200 kilometres north of Nakina