McFaulds Lake | |
---|---|
Location | Kenora District, Ontario |
Primary outflows | Stream to Attawapiskat River |
Basin countries | Canada |
Max. length | 6 kilometres (3.7 mi) |
Max. width | 1.6 kilometres (1.0 mi) |
Surface elevation | 160 metres (525 ft) |
McFaulds Lake is a lake located in the Unorganized Part of Kenora District in northwestern Ontario, Canada.[1] It is part of the James Bay drainage basin and is in the Hudson Bay Lowlands area. The primary outflow is an unnamed creek to the Attawapiskat River, which flows to James Bay.
Contents |
McFaulds Lake is home to the so-called Ring of Fire,[2] a region of geological activity which has left a rich source of minerals, including nickel, copper, platinum, palladium, chromite, vanadium, diamond and gold, buried beneath the muskeg.
The area near the lake has attracted the attention of junior mining exploration companies. Since a 2002 investigation of the area, some 20 companies have staked claims, forming joint ventures (JV). While efforts are still in the exploration phase, there have been some finds.
First Nations communities in Northern Ontario are involved in the mining exploration. These communities include the Webequie First Nation[3] and the Marten Falls First Nation.