Thank you, Mr. Chairman. There's quite a few things we've been doing in the past year in this regard. Firstly, I think Members are aware of the signing of the Dogrib power agreement and the resulting building of Snare Cascades, part of that is also referred to as phase II. Phase II was contemplated on a larger project taking place later on to meet the needs of Yellowknife and mining. We continue to have meetings on a fairly regular basis with the Dogrib and with mining companies to pursue those opportunities.
Right at this moment, we're completing a study on what is referred to as upper Snare, as there are two more locations that the Power Corporation has identified in the past as possibly being good hydro sites. But, we needed to gather more information to see whether a good cost-benefit analysis would emerge or not. That will be completed this month. II those two sites are favourable, we will continue to talk to the Dogrib and the mining companies about proceeding with hydro projects in the near future.
Also, this summer we will do some extensive environmental and cost-benefit analysis of other hydro sites on the La Martre River. Thank you.