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Pele acquires mining lease

Pele Mountain has acquired what it calls a key mining lease for its Elliot Lake operation.  The amount of land the lease covers is very small but Pele says it fills a gap within its other properties.  Pele has been working on opening a uranium mine in Elliot Lake since 2006.  More recently it’s also become focused on extracting rare earth elements, something Elliot Lake has plenty of.

Al Shefsky, Pele president

Pele president Al Shefsky

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