so i see us in a generation of enhanced status quo, with one big wild card.
if any one development has the potential to knock us out of our rut of enhanced status quo, it is diamonds. temagami lies along the same geological formation on which de beers is developing the victor diamond mine west of attawapiskat.
at least two companies, tres-or and temex, are conducting advanced exploration in temagami. tres-or is working two properties, one near bay lake and the other near rib lake, while temex is working near wilson lake.
adroit resources provides a good overview of the diamond potential in temagami here.
would a diamond mine be a good thing for temagami? as an open pit, it would be a blight on the landscape, every bit as bad as the sherman mine. it would increase access pressure for motorized recreation elsewhere in the region. it wouldn't do anything to speed or slow timber extraction. it would raise property values and bring families into the nipissing-temagami-temiskaming shores area. housing development would increase, particularly on the lakes lining highway 11. municipal tax revenues would soar.
for another 25 years, temagami would be a rich little town, until the diamonds have all been dug up. i have no illusions however that the town would be able to use this windfall to secure its long term future.
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