Wednesday, December 31, 2008

Uranium Subcommittee Extends Deadline For Comments

Folks, it is absolutely VITAL that as many of you submit questions/comments as possible! If this sub-committee isn't inundated with questions/comments...and I do mean flooded with them...they're going to interpret that as a lack of interest on your part. We all know that's not the case! Think about this issue in as much detail as possible, talk about what's been covered in the Halifax C of C report with friends, family and others, come up with new questions or new angles on questions already posed. One question I have is how your school-age children riding on school buses will be protected from the inevitable accident and exposure to contaminants as they travel on the narrow, winding back-roads to and from school and school-related activities? Trucks that haul from mine sites are often 2 lanes wide...they're massive (I'll post a link to a video clip for you to see)! How will your children be protected from wind-borne radon (and its progeny) as they play outside? Deborah Lovelace's experiments with helium balloons have shown that while some of the balloons have blown west to east as expected, others have been caught in other wind patterns and blown east to west and to the south as well. No one's yard or playground is safe. How will you keep radon out of your houses? It's an odorless, colorless gas that permeates everything in its path as its blown by the wind...your houses, your cars, your yards, your fields, your churches, your schools, your recreation areas...everything. It cannot be contained...it's air-borne. And it's definitely a cancer-causing agent...the 2nd leading cause of lung cancer in the country in the places it's present. And it's present in Southside now...it will be even more so once the ground is blasted open at Coles Hill.

It doesn't matter if you don't believe you write well enough to ask something! You do! If you really feel like you can't phrase what you want to say well enough, ask someone to help you. If necessary, email me with your thoughts and we'll work together to formulate a question or comment that gets across what you want to say (smidgen_barnes@yahoo.com). It's simply imperative that you swamp this sub-committee with questions and comments. The time has been extended to do so. Please take advantage of it!


by TIM DAVIS/Star-Tribune Editor
Monday, December 29, 2008 11:29 AM EST




The Virginia Coal and Energy Commission's Uranium Mining Subcommittee has extended its deadline on written comments on the scope of a uranium study until Monday, Jan. 19.

Comments should be sent to Coal & Energy Commission, c/o Ellen Porter, Division of Legislative Services, 910 Capitol Street, Richmond, Va. 23219.

Comments also may be sent by email to eporter@dls.virginia.gov.

The subcommittee will hold a public hearing Tuesday, Jan. 6, at 6 p.m. at Chatham High School to receive public comment on its study of uranium mining.

Del. Lee Ware Jr. of Powhatan, chairman of the subcommittee, said the meeting will be "devoted solely to the scope of the study" and what should be included in the study.

"The purpose of the hearing is not to receive pro or con viewpoints about uranium mining generally or the Coles property proposal specifically," said Ware.



"Comments should be specific to the scope of the study on uranium mining and not on whether uranium mining should be permitted."

According to the chairman, speakers will be limited to three minutes and may not give their time to other speakers.

A sign-up sheet will be available at least one hour before the start of the hearing.

"Care will be taken to ensure that as wide a range of recommendations for the study as possible are received," Ware said.

The chairman added that speakers will be asked not to repeat what has been said by other speakers.

The Coles Hill deposit in Pittsylvania County is believed to be the largest uranium deposit in the United States.

It was discovered in the early 1980s about six miles northeast of Chatham.

Two years ago, Walter Coles, who owns a majority of the ore, formed Virginia Uranium Inc. in hopes of mining the uranium deposit, which is worth between $8 billion and $10 billion.

Before the deposit can be mined, however, the General Assembly would have to lift Virginia's moratorium on uranium mining, which has been in place since 1982.

tim.davis@chathamstartribune.com

434-432-2791

http://www.youtube.com/watch?v=FTYz8rOmG9Q Mining truck video clip. Lots more on the page too!


Monday, December 29, 2008

Uranium Mining Study: Outcome Turns on Study Scope, Questions Asked and Evidence Considered

We have been asked by Katie Whitehead to publish the original, unedited version of her recent op-ed that ran in several Virginia newspapers a few days ago. We're happy to do so.

Please read the piece and follow up with comments, questions, and remarks to the sources Katie has provided. Make plans to attend the public hearing in Chatham on January 6. Citizen participation in the pre-study process will provide the best, if not the only, real oversight.


Both recent experience with uranium mining and Virginia ’s unique conditions should be thoroughly investigated.


By Katie Whitehead


The Virginia Commission on Coal and Energy Uranium Mining Subcommittee is responsible for overseeing all aspects, including the scope and design, of the study that will inform the General Assembly’s decision whether to reaffirm or lift Virginia ’s moratorium on uranium mining. The subcommittee met for the first time on Friday, December 12th in Richmond . The meeting included brief remarks by Dr. Michael Karmis, a professor in the Department of Mining and Minerals Engineering at Virginia Tech and director of the Virginia Center for Coal and Energy Research. The meeting also included a public hearing to receive suggestions regarding points of concern that should be included in the scope of any study on the impact of mining uranium in the Commonwealth. Twenty people spoke representing citizen and/or industry interests.


Dr. Karmis offered his technical expertise to help the subcommittee write a "two-page" scope of work and "to see that it is adhered to" during the study process. He referred to "that deposit," suggesting he may think the study is supposed to focus on Coles Hill only. He mentioned that a typical National Academy of Science study takes 18 months. He did not discuss the cost of future work by his center, the NAS, or other research groups.


Defining the scope of the study will play a critical part in determining the value of the study results, since the scope determines what will actually be studied, what questions will be asked, and what evidence will be considered in answering them. This study should not be prejudiced by assumptions regarding a timeline, available funds, funding sources, interest in Coles Hill, or the preferences of Virginia Uranium Inc. (VUI). A narrow scope, tight budget, or short timeline would leave out important questions, perhaps the very questions that ordinary citizens, their representatives in government, and industry experts most want answered.


We have an opportunity to learn from others’ experience with modern, regulated uranium mining. At the same time, we need to keep in mind that compared to most uranium mining sites Virginia has a wetter climate, more people per square mile, and different geology and hydrology. We need to be sure that both recent experience with uranium mining and Virginia ’s unique conditions are thoroughly investigated. For this to happen, we have to ask.


The subcommittee has the responsibility to structure an independent and thorough study based on evidence of all types – environmental, public health, and economic. Citizens expect the subcommittee and Dr. Karmis to define the study task without regard to VUI's budget, NAS's "typical" timeline, or the view that we only need and want to know about certain issues. Nor should the study be limited to Coles Hill, given that there are very likely other commercially viable uranium deposits in Virginia where mining permits may be pursued if the statewide moratorium is lifted.


Now is the time – before a study goes forward - to be sure your concerns are included. Don’t assume the subcommittee, Dr. Karmis, or members of the National Academy of Sciences know what should be studied. With all due respect to them and with every confidence that they want to do the right thing, they need the guidance of ordinary citizens in order to know they are addressing our concerns.


The Halifax County Chamber of Commerce formed a uranium study group in September to gather questions and issues that the community believes should be addressed in a study. The group presented its report Community Concerns Related to Uranium Mining in Virginia to the Uranium Mining Subcommittee at the December 12th hearing. The report recommends the study have a broad scope that focuses on actual evidence from existing uranium operations and mining communities. It is available on the Halifax Chamber Web site www.halifaxchamber.net. Many citizens expressed their concerns to the Halifax study group members, including twenty or more who submitted written questions and issues individually or working in cooperation with others. These written contributions are included in the report.


The Virginia Commission on Coal and Energy Uranium Mining Subcommittee will hold a public hearing at 6:00 pm on January 6th at Chatham High School in Pittsylvania County specifically to address the scope of the study. Only comments related to the study itself - what issues and what questions it should cover - will be allowed. The public is invited to ask hard questions and demand a full investigation.


Please attend the hearing; please speak in support of the scope recommended in the Halifax report. If you think the report does a good job of summarizing community concerns, please let the subcommittee know at the hearing or in a letter. If you think the report overlooks an issue, bring it to the subcommittee’s attention.

The outcome of any study turns on the issues studied and the questions asked. If you want to contribute to the decision of whether or not to retain the moratorium against uranium mining in Virginia , this is a good place to start or an important time to continue your efforts.


Katie Whitehead, a Pittsylvania County native, recently served on the Halifax County Chamber of Commerce Uranium Study Group, representing of the Dan River Basin Association (DRBA). She chairs the DRBA Mining Task Force. She participated in the 1980s uranium study as information officer for the Uranium Administrative Group in 1983. You can contact her at mkwhitehead@yahoo.com



Sidebar #1:

You can contribute.


The Virginia Commission on Coal and Energy Uranium Mining Subcommittee

needs to hear from us.


Here are three opportunities to act: read, write, speak.


1) Read the Halifax Chamber report:


Community Concerns Related to Uranium Mining in Virginia

The Halifax County Chamber of Commerce formed a uranium study group in September to gather questions and issues that the community believes should be addressed in a study. The study group’s report, submitted to the Virginia Commission on Coal and Energy Uranium Mining Subcommittee on December 12th, is available at www.halifaxchamber.net.


2) Write to the Uranium Mining Subcommittee regarding the study


As stated in their December 12th meeting agenda, the Virginia Commission on Coal and Energy Uranium Mining Subcommittee “welcomes written comment on the scope of the study until Monday, December 29th. Please send correspondence to the Coal & Energy Commission, c/o Ellen Porter, Division of Legislative Services, 910 Capitol Street , Richmond , Virginia 23219 or eporter@dls.virginia.gov.”


Written comments can also be handed to the subcommittee at the January Pittsylvania County hearing.


3) Speak at the public hearing in Pittsylvania County : January 6th at 6:00 pm at Chatham High School


The Virginia Commission on Coal and Energy Uranium Mining Subcommittee will hold a public hearing at 6:00 pm on January 6th at Chatham High School in Pittsylvania County specifically to address the scope of the study. Only comments related to the study itself - what issues and what questions it should cover - will be allowed.


For future meetings, click on the quick link labeled Meeting Schedule at the General Assembly Web site: http://legis.state.va.us


Sidebar #2:

Virginia Commission on Coal and Energy Uranium Mining Subcommittee:

Members:


Del. R. Lee Ware, Jr., Chair

Del. Charles W. Carrico, Sr.

Del. William R. Janis

Del. Watkins M. Abbitt, Jr.

Del. Kristen J. Amundson

Del. Clarence E. Phillips

Sen. John Watkins

Sen. Phillip P. Puckett

Sen. Frank W. Wagner

Mr. Harry Dean Childress

Del. Terry G. Kilgore, Ex Officio


Staff:

Ellen Porter (804) 786-3591

Division of Legislative Services

910 Capitol Street, Richmond , Virginia 23219

eporter@dls.virginia.gov


Bill Owen (804) 698-1540

House Committee Operations

P.O. Box 406, Richmond , Virginia 23218

BOwen@house.virginia.gov

Saturday, December 27, 2008

Virginia Uranium Teams Up With Canadian Exploration Company

Apparently there's no doubt at all in Walter Coles' mind about the mining study results:

“It’s really a way for us to raise money, for the future and long term of the project,” Walter Coles Sr. of Virginia Uranium, Inc., told the Virginian-Pilot newspaper.

From The News & Record

Virginia Uranium, Inc. announced late Monday its intention to merge with Santoy Resources, Inc., a Canadian mineral exploration company with interests in uranium, oil, gas, methane and gold deposits in Canada.


The merger, which will involve the exchange of stock, cash and future interests, would give the combined company additional money, expertise and investment backing to open up the Coles Hill deposit in Pittsylvania County for mining. Virginia Uranium has been at the forefront of efforts to overturn Virginia’s 25-year moratorium on uranium mining.

“It’s really a way for us to raise money, for the future and long term of the project,” Walter Coles Sr. of Virginia Uranium, Inc., told the Virginian-Pilot newspaper.

Santoy signed a letter of intent to acquire interests in three entities — Virginia Uranium, Inc., which is based in Virginia and controls the rights to the Coles Hill deposit near Chatham; Virginia Uranium Ltd., a Yukon corporation; and VA Uranium Holdings, Inc., also based in Yukon. Virginia Uranium, Inc. is a wholly owned subsidiary of VA Uranium Holdings, and Virginia Uranium Ltd. holds a 12 percent minority interest in VA Uranium Holdings.

As a result of the deal, Santoy will take a 20 percent stake in VA Uranium Holdings. Santoy will also put up $3.5 million in cash as part of its investments in VA Limited and VA Holdings.
In a statement, Santoy said it “is pleased to proceed with this transaction as it gives the Company a significant position in a uranium project situated in a stable political location.” The Coles Hill uranium deposit, located on Walter Coles’ family farm, is one of the largest untapped uranium deposits in the United States and worth an estimated $10 billion.

The combined company will be led by Norm Reynolds, currently chief executive officer of Virginia Uranium Ltd., Reynolds is expected to be appointed as Chief Executive Officer of the new corporation. Walter Coles Jr., currently Executive Vice President of VU Limited, is expected to be appointed Executive Vice President of the new company. Ron Netolitzky, currently Chief Executive Officer of Santoy, will continue his active involvement in the company as a director. Mike Cathro of Santoy will serve as vice-president of exploration.

The merger of Santoy and Virginia Uranium must be approved by Canadian authorities. The companies expect to remain incorporated in Canada.

Santoy describes itself as a “junior Canadian mineral exploration company” which has focused on four main geographic locations for uranium mining: the Prolific Athabasca Basin in Saskatchewan, Southeast British Columbia, Otish Mountains of Quebec and in the Central Mineral Belt of Labrador. With the price of uranium steadily increasing, the company says it has a record of success in the discovery and development of uranium deposits and “of taking uranium discoveries through to feasibility study.”

The fate of the Coles Hill project will depend on efforts to lift Virginia’s moratorium on uranium mining, which was put in place in 1983 when Marline Uranium last attempted to mine the Coles Hill site. After a proposed feasibility study died this year in the General Assembly, legislators called on the Virginia Coal and Energy Commission to sponsor a feasibility study, to be conducted by the National Academy of Sciences or a similar scientific organization. The scope of the study has yet to be determined, and the Coal and Energy Commission also must determine how the study will be paid for.


http://www.thenewsrecord.com/2008webfiles/20081225uranium.htm

Chamber Presents Uranium Study Concerns

From The News & Record:

[S]aid Dr. Michele Ah, chairman of the Chamber's board of directors. "I served on this committee and know the amount of work that went into creating the scope of study defined in our document. If it is used, citizens can be assured every concern will be addressed." (emphasis mine...SB)

The Uranium Study Advisory Group formed by the Halifax County Chamber of Commerce presented its final report entitled "Community Concerns Related To Uranium Mining In Virginia" to the Virginia Coal and Energy Commission's Uranium Mining sub-committee on Friday, Dec. 12, at the General Assembly Building.


This was the organizational meeting of the sub-committee, chaired by Del. Lee Ware and consisting of eleven delegates, senators and one citizen member.

"It was a fairly good sized crowd present for the meeting," said Nancy Pool, Executive Director of the Halifax County Chamber of Commerce. Pool said she spoke during the meeting as did about 19 others, the majority of whom opposed lifting the state's moratorium on uranium mining. She added that she was encouraged by Ware's assurances that he would carefully review the study. An aide to Ware also said he would review it.

The Chamber's study includes 18 pages of questions and concerns covering four areas: health and the environment, economic effects of the mining, the scope and methodology of the study and the impact of mining on the local quality of life. Another 20 pages list references from researchers.

Those studies, from reputable researchers, governmental agencies and medical organizations, construct a point-by-point case for the proposition that pollutants associated with uranium mining are hazardous to human health.

The study details a 15-year track record of the US Department of Energy in cleaning up groundwater pollution under the Uranium Mill Tailings Radiation Control Act of 1978. Fifteen years later, DOE had demonstrated ground water cleanup compliance at only eight of the original 18 sites covered in the study.

The Virginia Coal and Energy Commission passed a motion on November 6 to appoint a sub-committee of its members to oversee a study of the impact of uranium mining in Virginia. The Commission entered into an agreement with the Virginia Center for Coal and Energy Research to contract with the National Academy of Sciences or other comparable scientific or academic institutions independent of the Center, to conduct a wide-ranging study on the impact of uranium mining in the Commonwealth.

The Commission, through its sub-committee, will study the economic, environmental, public health and social issues affecting nearby communities, the region and the Commonwealth as a whole. Additionally, the subcommittee is directed to hold appropriate public hearings as it considers the issues and develops its recommendations.

In September, Del. Clarke Hogan asked the Halifax County Chamber of Commerce to create a Uranium Study Advisory Group to solicit written input from area residents and to ascertain and present those related issues that are of concern to Halifax citizens. "It is important to our community that any study that may be undertaken is fair and objective, and that it answers the many questions people have," said Delegate Hogan. "The Halifax County Chamber is a highly respected organization in our area. I am confident that they will ensure that the questions that need to be asked will be asked.

"The Chamber's advisory group began meeting in September, researched the issues, met with various experts and interest groups, and solicited input and questions from area residents. We believe the resulting product that is being presented to the Committee today is thorough, comprehensive and credible. A great deal of work has gone into developing and articulating the issues In a coherent way, and we hope the information and recommendations contained will be of value to the Committee," said Pool, Chamber president.

"We are going to remain involved in the issue of uranium mining in our area and in Virginia, and we look forward to participating in the public part of the process, and to reviewing the work of the sub-committee and the study as it goes forward," said Dr. Michele Ah, chairman of the Chamber's board of directors. "I served on this committee and know the amount of work that went into creating the scope of study defined in our document. If it is used, citizens can be assured every concern will be addressed."

The Chamber's board of directors will meet on Dec. 18, and will address the issue of uranium mining at that time. It is expected that a resolution will be forthcoming.

The full text of the Chamber Advisory Group's document ca be found on the Chamber's web site www.halifaxchamber.net or
http://www.thenewsrecord.com/Virginia%20Uranium%20Report.pdf

http://www.thenewsrecord.com/2008webfiles/20081215chamberuranium.htm

Uranium Mining a Major Issue For Virginia

Katie Whitehead
Published: December 27, 2008


The Uranium Mining Subcommittee of the Virginia Commission on Coal and Energy is responsible for overseeing all aspects, including the scope and design, of the study that will inform the General Assembly’s decision whether to reaffirm or lift Virginia’s moratorium on uranium mining.


The subcommittee met for the first time Dec. 12 in Richmond. The meeting included brief remarks by Dr. Michael Karmis, a professor in the Department of Mining and Minerals Engineering at Virginia Tech and director of the Virginia Center for Coal and Energy Research. It also included a public hearing to receive suggestions. Twenty people spoke representing citizen and/or industry interests.


A uranium study group formed by the Halifax County Chamber of Commerce presented its report to the subcommittee, recommending the study have a broad scope that focuses on actual evidence from modern uranium operations and mining communities.


Dr. Karmis offered his technical expertise to help the subcommittee write a “two-page” scope of work and “to see that it is adhered to” during the study process. He referred to “that deposit,” suggesting he may think the study is supposed to focus on the Coles Hill site in Pittsylvania County only.


Defining the scope of the study plays a critical part in determining the value of the study results, since the scope determines what will actually be studied, what questions will be asked, and what evidence will be considered in answering them. A narrow scope, tight budget or short timeline would leave out important questions, perhaps the very questions that ordinary citizens, our representatives in government, and industry experts most want answered.


The subcommittee has the responsibility to structure an independent and thorough study based on evidence of all types — environmental, public health and economic. Citizens expect the subcommittee and Dr. Karmis to define the study task unprejudiced by assumptions regarding funding sources, interest in Coles Hill, the preferences and budget of Virginia Uranium Inc., NAS’s “typical” timeline, or the view that we only need and want to know about certain issues.


Clearly, the study should not be limited to Coles Hill, given that there are very likely other commercially viable uranium deposits in Virginia where mining permits may be pursued if the statewide moratorium is lifted. In the 1980s, Marline Uranium Corporation leased mineral rights on approximately 50,000 acres in Virginia’s Piedmont in Pittsylvania, Henry, Orange, Madison, Culpeper and Fauquier counties. Other areas, including downstream water users in Virginia and North Carolina, could also be affected.


We have an opportunity to learn from others’ experience with modern, regulated uranium mining. At the same time, we need to keep in mind that compared to most uranium mining sites Virginia has a wetter climate, more people per square mile, and different geology and hydrology. We need to be sure that both recent experience with uranium mining and Virginia’s unique conditions are thoroughly investigated.


To learn how your voice can be heard, please e-mail me at the address provided below.


mkwhitehead@yahoo.com


Whitehead, a Pittsylvania County native who chairs the DRBA Mining Task Force, recently served on the Halifax County Chamber of Commerce Uranium Study Group. E-mail her at mkwhitehead@yahoo.com


http://www.starexponent.com/cse/news/opinion/article/uranium_mining_a_major_issue_for_va/26808/


Thursday, December 25, 2008

Partnership May Mine Pittsylvania Uranium

Apparently things are moving more quickly re: the moratorium than we've been led to believe...


A Virginia company that wants to mine uranium from a deposit in Pittsylvania County plans to partner with a Canadian company for the project.


Virginia Uranium Inc. has announced a merger plan with Santoy Resources of British Columbia, Canada. If completed, it would provide more money and expertise to help mine one of the world's largest deposits of the radioactive ore, worth an estimated $10 billion.


Walter Coles Sr., whose family farm sits atop the uranium deposit, said the partnership is a way to raise money for the long-term future of the project.


Virginia officials are weighing whether to overturn a 25-year-old ban on uranium mining. (emphasis mine...SB)


http://www.timesdispatch.com/rtd/business/local/article/BBBB25_20081224-205613/161962/

Tuesday, December 23, 2008

Uranium Subcommittee to Hold Public Hearing in Chatham Jan. 6

Also, new info emerging on the study...

By TIM DAVIS/Womack Publishing Service
Tuesday, December 23, 2008 10:57 AM EST



The Virginia Coal and Energy Commission's Uranium Mining Subcommittee will hold a public hearing Tuesday, Jan. 6, at 6 p.m. at Chatham High School to receive public comment on its study of uranium mining.

"Subcommittee members want to hear from all interested parties what environmental, economic, scientific, engineering and related topics should be included in the study," said Del. Lee Ware Jr. of Powhatan, chairman of the subcommittee.

Ware stressed that it's too early to receive testimony on the "pros and cons" of uranium mining, but said the subcommittee wants to hear from the public on the scope of the study.

In addition to Ware, the subcommittee includes Del. Watkins Abbitt of Appomattox, Sen. John Watkins of Midlothian, Del. William R. Janis of Glen Allen, Del. Charles W. Carrico Sr. of Galax, Sen. Phillip P. Puckett of Tazewell, Del. Clarence E. Phillips of Castlewood, Del. Kristen J. Amundson of Fairfax County, Sen. Frank Wagner of Virginia Beach and Harry D. Childress.

Childress, a citizen member on the Coal and Energy Commission, is the former head of the Virginia Department of Mines, Minerals and Energy. Abbitt was a member of the original commission that studied uranium mining in the 1980s.

The commission's chairman, Del. Terry Kilgore of Scott County, also serves on the subcommittee as an ex-officio member.




The study itself, while overseen by the subcommittee, will be conducted by Dr. Michael Karmis, a professor in the Department of Mining and Minerals Engineering and director of the Virginia Center for Coal and Energy Research at Virginia Tech in Blacksburg.

According to Ware, Karmis will work directly with the National Academy of Sciences.

The study is expected to take about two years.

Pittsylvania County is home to what is believed to be the largest uranium deposit in the United States.

The Coles Hill deposit was discovered in the early 1980s about six miles northeast of Chatham.

Two years ago, Walter Coles, who owns a majority of the deposit, formed Virginia Uranium Inc. in hopes of mining the uranium deposit, which is worth between $8 billion and $10 billion.

Before the deposit can be mined, however, the General Assembly would have to lift Virginia's moratorium on uranium mining, which has been in place since 1982.

The subcommittee will accept written comments on the scope of the study until Monday, Dec. 29.

Comments should be sent to Coal & Energy Commission, c/o Ellen Porter, Division of Legislative Services, 910 Capitol Street, Richmond, Va. 23219.

Comments also may be sent by email to eporter@dls.virginia.gov.

http://www.wpcva.com/articles/2008/12/23/altavista/news/news97.txt

Virginia Uranium Company Teams with Canadians



The Virginia company that wants to mine an estimated 60,000 tons of uranium from rolling farmland in Pittsylvania County has a new business partner: Santoy Resources Ltd., based in British Columbia, Canada.


Virginia Uranium Inc. and Santoy Resources announced their intention to merge late Monday, with a proposed exchange of stocks, cash and future interests.


If the merger is completed early next year, with approvals by company boards and regulators, the new hybrid will have more money, investment clout and expertise to pursue what geologists describe as one of the largest untapped uranium deposits in the United States - at Coles Hill, near the historic town of Chatham, about three hours west of Norfolk.


"It's really a way for us to raise money, for the future and long term of the project," said Walter Coles Sr., whose family farm sits atop the Southside uranium deposit, estimated to be worth $10 billion.


Santoy is considered a junior mineral exploration company that has been acquiring interests in uranium deposits across Canada, as well as the rights to oil, gas, methane and gold resources.


Coles and his allies still need a favorable study to be concluded on the potential environmental, public health and social implications of mining so much radioactive material from the ground.


Then they would need the votes to overturn a 25-year-old ban on uranium mining in Virginia.


And after that, state regulations would have to be written, permits obtained and infrastructure built before any uranium could be extracted and converted to fuel for nuclear power plants.


Environmentalists and the city of Virginia Beach are among the opponents. Virginia Beach is especially worried that uranium wastes could leach into streams that feed Lake Gaston, the city's primary drinking water supply.


Todd Benson, with the Piedmont Environmental Council, said the proposed merger illustrates an increasingly complex web of companies and interests in Virginia that poses a fundamental question:


"Who ultimately is responsible for cleaning up an accident or spill?" Benson asked. "Is it Walter Coles and Virginia Uranium? A Canadian company? Or someone else that we may or may not know about?"


He noted that there are at least three companies mixed into the Santoy merger: Virginia Uranium Inc., Virginia Uranium Ltd. and Virginia Uranium Holdings.


In a statement, Virginia Uranium said it "welcomes the pending strategic merger," that VU Ltd. currently owns a 12 percent stake in VU Holdings, and that as a result of the deal, Santoy's interests in VU Holdings will jump to 20 percent from 12 percent.


Scott Harper, (757) 446-2340, scott.harper@pilotonline.com

http://hamptonroads.com/2008/12/virginia-uranium-company-teams-canadians


Monday, December 22, 2008

Santoy Merges With Virginia Uranium Ltd.

This is what's known as a holiday dump...putting forth important info at a time when it's least likely to be read, or read in-depth, due to everyone's attention being diverted by the impending holiday celebrations.

Interesting that the press release isn't for distribution/dissemination to the US!
Too late for that now!
If it's on the web, it's disseminated.


Dec 22, 2008 14:23 ET

Santoy Merges With Virginia Uranium Ltd.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2008) -


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES


Santoy Resources Ltd. ("Santoy" or the "Company") (TSX VENTURE:SAN) is pleased to announce the signing of a Letter of Intent ("LOI") between Santoy and two private companies pursuant to which Santoy will acquire all of the shares of Virginia Uranium Ltd. ("Limited"), a private Yukon corporation, in exchange for shares in Santoy, at the ratio of six shares of Santoy for each one share of Limited. Limited currently holds a 12% minority interest in VA Uranium Holdings, Inc. ("Holdco"), a Yukon corporation. Holdco's 100% owned subsidiary, Virginia Uranium Inc., a Virginia corporation, controls the leasehold development and operating rights of the Coles Hill uranium property in southside Virginia. Santoy following the transaction is hereafter referred to as "Newco").


As part of the transaction, certain shareholders of Holdco will exchange their Holdco shares for shares of the Company on the same six for one basis. In addition, Santoy will invest $1,000,000 in Limited which will be secured by a promissory note issued by Limited and a pledge of shares of Holdco. The note will be convertible into 1,666,666 shares of Limited upon the successful completion of the contemplated transaction. Santoy will invest up to an additional $2,500,000 in exchange for up to an additional 4,166,666 shares of Holdco at an issue price of $0.60 per share. The above transactions will result in Newco holding a minimum of 20% of Holdco (increasing to approximately 25% following completion of the Newco Financing). Newco will have the same rights of first refusal as currently held by Limited on future financings required by Holdco as it advances the Coles Hill uranium project.


In addition, shareholders of Santoy immediately prior to closing will receive 1/4 of one warrant for each Santoy share held, with each whole warrant (an "Incentive Warrant") being exercisable for one Newco share at a price of $0.12 per share for a period of 12 months following the closing of transaction. If the closing price of the common shares of Newco for any 10 consecutive trading days exceeds $0.18, then Newco may accelerate the expiry of the warrants to the date which is 30 days following the end of such 10 trading day period. In turn, Holdco will issue warrants to Newco entitling Newco to acquire Holdco shares equivalent to the number of common shares of Newco underlying the Incentive Warrants, multiplied by the 1/6 share exchange ratio, at a price of $0.72 per share for a period of 12 months following the closing of the transaction.


The board of directors of Newco will consist of nominees of Santoy and Limited of which Newco expects to have up to seven directors with a minimum of three being independent. Norm Reynolds, currently Chief Executive Officer of Limited, is expected to be appointed as Chief Executive Officer of Newco. Walter Coles Jr., currently Executive Vice President of Limited, is expected to be appointed Executive Vice President of Newco. Ron Netolitzky, currently Chief Executive Officer of Santoy, will continue his active involvement in the company as a director of Newco. Mike Cathro of Santoy will remain as VP of Exploration for Newco.


The LOI contemplates that the Company will acquire Limited pursuant to a plan of arrangement under the Business Corporations Act (British Columbia). Both of Santoy and Limited will continue their jurisdictions of incorporation to British Columbia to facilitate the transaction. It is expected that Newco will have approximately 234,189,430 issued shares on completion of the above. At the meeting to approve the Arrangement, Santoy will seek shareholder approval for the continuance of its jurisdiction to British Columbia, approval of the arrangement and approval for a consolidation of the Newco shares on a one for six basis. All dollar and share figures given in this news release are provided on a pre-consolidation basis.


The Coles Hill uranium deposit is located in southern Virginia, USA and is considered to be one of the largest undeveloped uranium deposits in the United States. It has an estimated measured and indicated resource of 119 million pounds of U308(1)(2)(3) at a cut-off grade of 0.025% U308 based on a National Instrument 43-101 technical report on the Coles Hill property prepared for Virginia Uranium, Inc. by Behre Dolbear and Company, Ltd., Marshall Miller and Associates, Inc., and PAC Geological Consulting Inc. dated June 30th, 2008 (the "Behre Dolbear report"). A summary of the findings of this report is available on Virginia Uranium Inc.'s website at
www.virginiauranium.com :


---------------------------------------------------------------------------
EXCERPT FROM TABLE 1.1
RESOURCE ESTIMATES - JUNE 4, 2008
(MILLIONS OF TONS AND POUNDS IN-PLACE)
---------------------------------------------------------------------------
Measured(1) Indicated(1) Total(1)
--------------------- --------------------- ---------------------
% % %
Cutoff Tons U3O8 Pounds Tons U3O8 Pounds Tons U3O8 Pounds
%U3O8 (2) (3) U3O8 (2) (3) U3O8 (2) (3) U3O8
---------------------------------------------------------------------------
Project Total (South and North Coles Hill Deposits)
---------------------------------------------------------------------------
0.100 0.755 0.228 3.45 6.27 0.215 26.9 7.03 0.216 30.4
---------------------------------------------------------------------------
0.075 1.35 0.164 4.44 24.0 0.116 55.9 25.4 0.119 60.4
---------------------------------------------------------------------------
0.050 2.28 0.124 5.65 35.4 0.101 71.7 37.7 0.103 77.4
---------------------------------------------------------------------------
0.025 6.62 0.064 8.42 92.1 0.060 111 98.7 0.060 119
---------------------------------------------------------------------------
(1) Total tonnage above cutoff grade and average weight % U3O8 of that
tonnage
(2) Short tons based on a rock density of 2.56 g/cc
(3) Weight %
---------------------------------------------------------------------------


1. The "Qualified Persons" (as defined in NI 43-101) who prepared the
resource estimate were Betty L. Gibbs for Behre Dolbear and K. Scott
Keim for Marshall Miller and Associates, Inc.
2. Mineral resources which are not mineral reserves do not have
demonstrated economic viability. The estimate of mineral resources may
be materially affected by environmental, permitting, legal, marketing,
or other relevant issues.
3. Santoy has not conducted appropriate due diligence work to verify this
resource estimate. Santoy plans to immediately commission its own
NI 43-101 compliant technical report.


A statutory framework has been enacted into law for uranium exploration in Virginia. However, the Commonwealth of Virginia prohibits any agency of the Commonwealth from accepting applications for uranium mining until a program for permitting uranium mining is established by statute. Such legislation has not been enacted. In November 2008, Virginia's Commission on Coal and Energy endorsed commencement by a state panel of a study of uranium mining's health, economic, social and other impacts. A subcommittee of the commission must approve an outline of the study before it moves forward.


Mr. Ron Netolitzky, Chief Executive Officer of Santoy, is also a director and a shareholder of Holdco. To increase the number of Holdco shares available to Santoy, Mr. Netolitzky has offered that Santoy may acquire his Holdco shares at cost as part of the transaction. If this exchange completes, Mr. Netolitzky would receive Newco shares representing his cost of approximately US$400,000 for the Holdco shares ($0.20 US per Holdco share) plus interest. The LOI has been negotiated by an independent committee of the Board of Santoy and has received full Board approval. Toll Cross Securities has been retained to provide a fairness opinion with respect to the contemplated transaction. The ultimate structure and form of the transaction will be mutually determined by Limited and the Company based on tax, securities and corporate law and other considerations.


The parties will negotiate in good faith to agree on the definitive terms of a formal agreement in respect of the transaction by January 31, 2009. The completion of the plan of arrangement is subject to various conditions, including applicable regulatory approval, approval by the shareholders of Limited and the Company; the approval by the Supreme Court of British Columbia of the fairness to Santoy shareholders of the terms and conditions of the plan of arrangement satisfactory negotiation of other transaction-related documents; and the structure being satisfactory to the parties from a tax and securities law perspective. It is contemplated that the Company will change its name to reflect the significance of the transaction to the Company. Limited and Santoy will use their commercially reasonable efforts to complete the transaction by April 15, 2009.


Santoy is pleased to proceed with this transaction as it gives the Company a significant position in a uranium project situated in a stable political location. At the same time, Limited shareholders will gain diversification and will benefit from Santoy's exploration properties. The acquisition complements Santoy's portfolio of uranium exploration properties in the Athabasca Basin of Saskatchewan, the Otish Mountains in Quebec and the Central Mineral Belt of Labrador. The Company is also the largest shareholder of Boss Power Corp. which owns the Blizzard uranium deposit in British Columbia.


The technical information in this news release has been reviewed and approved by Michael S. Cathro, P,Geo., Santoy's Vice President of Exploration, a Qualified Person. The Qualified Person has not verified the data disclosed in the news release as the Company plans to immediately commission a NI 43-101 compliant technical report to confirm the resource estimate.


This news release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization, exploration results and future plans and objectives of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include market prices, exploitation and exploration results, availability of capital and financing, general economic, market or business conditions, uninsured risks, regulatory decisions, regulatory changes, defects in title, availability of personnel, materials and equipment, timeliness of government approvals, unanticipated environmental impacts on operations and other exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.


For more information, please contact

Santoy Resources Ltd.
R. K. Netolitzky
President & CEO
(604) 669-4799
(604) 669-2543 (FAX)
Email: netolitzky@gmail.com



http://www.marketwire.com/press-release/Santoy-Resources-Ltd-TSX-VENTURE-SAN-932703.html

Halifax Chamber Adopts Resolution: Study Mining, But Keep Ban Unless It's Absolutely Safe

The board of directors of the Halifax County Chamber of Commerce adopted a resolution on uranium mining at their meeting on Dec. 18. The resolution endorses a scientific study of the Coles Hill mine site in Pittsylvania and the continuation of the state’s moratorium on uranium mining unless it can be shown “beyond a reasonable doubt” that radioactive ore can be mined safely.


The resolution comes on the heels of a document prepared by the Chamber’s Uranium Study Group that points to possible problems with uranium mining. The group was appointed by the Chamber board in September, at the request of Del. Clarke Hogan, to solicit input from citizens regarding concerns about uranium mining.


“The document articulated the issues and incorporated a tremendous amount of research on the topic. The group’s work is thorough, comprehensive and credible and provided the board with the information needed to create the Chamber’s resolution,” said Nancy Pool, Chamber president.


In the resolution the Chamber “strongly endorses a thorough, evidence-based study by a credible, independent scientific body of the consequences of uranium mining on surrounding populations and the environment before any change in the laws of the Commonwealth” are made to permit uranium mining.


The Chamber said the Virginia Coal and Energy Commission should recommend that the moratorium remain in place if it has “any reasonable doubt as to the possibility of adverse environmental, health, or economic effects” from uranium mining operations in Pittsylvania.
The full resolution reads as follows:


WHEREAS, in 1982, the General Assembly of the Commonwealth of Virginia enacted a legislative moratorium prohibiting the mining of uranium, which remains in effect today; and


WHEREAS, the Virginia Coal and Energy Commission (VCEC) on November 6, 2008, passed a motion to ask the Virginia Center for Coal and Energy Research (VCCER) to contract with the National Academy of Sciences, or other comparable scientific or academic institutions, to conduct a study or studies of the impact of uranium mining on the Commonwealth; and


WHEREAS, Virginia Uranium Inc. has developed plans to initiate mining and processing of uranium in neighboring Pittsylvania County, at the Coles Hill site; and, in the 1980s Marline Uranium Corporation leased mineral rights on an additional 36,000 acres in Pittsylvania County; and


WHEREAS, the Coles Hill site lies in close proximity to the Banister River, upstream of Halifax County; and


WHEREAS, the Banister River is the source of drinking water for many citizens of Halifax County; and


WHEREAS, the Halifax Chamber of Commerce has sponsored a review of the literature related to the issue of uranium mining in Virginia, and said study has determined that:


The uranium mining industry has experienced widespread, frequent, and repeated environmental excursions which have contaminated groundwater and aquifers with toxic materials.


Predictive modeling by mine operators has often been unreliable, with the consequence that initial permitted environmental standards, judged appropriate and protective of health, have frequently been violated.


Remediation of contaminated groundwater and aquifers to their original state has proven to be expensive and rarely successful in fully restoring water quality.


Most uranium mining in the United States has been conducted in the west, in arid areas with sparse surrounding populations.


There are no long-term studies that have determined that uranium mining is not hazardous to the health of the surrounding population.


Uranium mining has been opposed by many medical and environmental organizations in the United States and Canada, and has been prohibited by various local, state, and provincial governments due to its environmental record and perceived heath risks.


WHEREAS, Pittsylvania County has considerable annual rainfall and net precipitation, has experienced frequent severe weather events, and has a hydrogeological profile that will present difficult challenges to the mine operator; and


WHEREAS, Pittsylvania and Halifax Counties have significant populations that reside in close proximity and downwind and downstream from the proposed mining site;


NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE HALIFAX COUNTY CHAMBER OF COMMERCE:


That the Halifax Chamber of Commerce strongly endorses a thorough, evidence-based study by a credible, independent scientific body of the consequences of uranium mining on surrounding populations and the environment before any change in the laws of the Commonwealth so as to allow uranium mining in Virginia;


That the study review the recent and past history of operations in the United States and elsewhere, including compliance with initial permitted environmental standards; health effects and risks to the surrounding communities; and economic effects on current and future property owners and regional businesses, schools, and institutions;


That the study compare the physical characteristics of the proposed site in Pittsylvania County with existing sites, taking into account the hydrogeology of the Coles Hill site, the net precipitation, the frequency of severe weather events, and the density of the surrounding population;


That the study examine why uranium mining is currently banned in other places;


That the study considers the concerns of the citizens as outlined in the Halifax County Chamber of Commerce sponsored study submitted on Dec. 12, 2008, to the VCEC;


That if the Commission has ANY REASONABLE DOUBT as to the possibility of adverse environmental, health, or economic effects to Virginia citizens that might be caused by Virginia allowing uranium mining operations, the Commission should recommend the moratorium remain in place.


BE IT FURTHER RESOLVED BY THE BOARD OF THE HALIFAX COUNTY CHAMBER OF COMMERCE:


That if the Commission is convinced BEYOND A REASONABLE DOUBT that uranium production in Virginia would meet stringent health-protective environmental standards and not be detrimental to the community and regional economies and quality of life, then the Commission should consider under what conditions the Commission would recommend lifting the moratorium, including such stringent health-protective environmental quality standards as non-degradation of water.


These conditions should be a required part of any draft legislation that would establish uranium mining regulations and end the moratorium.


The conditions should clearly specify adequate bonds to cover the costs of reclamation, remediation, reconstruction of tailings containment cells, compensation for harm or injury, and monitoring in perpetuity.


The conditions should also stipulate adequate regulatory staff and funding, close monitoring, strict enforcement, severe penalties, and safeguards that will provide protection or prompt and adequate compensation if a permitted operation fails and contributes to harm or injury of people or contributes to damage or loss of property.


Adopted this the 18th day of December 2008.


Michele Ah, D.D.S.,

Chairman of the Board


Nancy Pool,

President

http://www.thenewsrecord.com/2008webfiles/20081222uraniumpanel.htm