The Quercus Algoma property is comprised of 147,882 acres of surface and partial minerals ownership located in the central Algoma District of Ontario, Canada, approximately 50 miles north of Sault Ste. Marie. The property is entirely contiguous, except for the Canadian National Railroad ROW that traverses the property north to south, and contains numerous beautiful lakes and rivers. Approximately 200 cabin leases are located primarily on the lakes and rivers – most are recreational, however there are a few commercial tourist camps or trapper’s cabins. The property is generally considered closed to the public, except as provided by Federal and Provincial statute. Vehicular access to the property is limited to three roads traversing Crown forestlands. Other access options include CN passenger rail or helicopter/float plane. The property will be managed as commercial timberland with primary markets in Ontario as well as Michigan and Wisconsin, USA and other international markets.
|Property Name||Quercus Algoma|
|Coordinates|| N47 11’; W84 15’ is the approximate center of the property
|Acquisition Date||January 13, 2014|
|Previous Owner||Algoma Timberlakes Corporation|
|Dominant Forest Type||Northern Hardwoods|
|Managing Consultant|| Prentiss & Carlisle, LTE
|Address||123 March Street, Suite 500 Sault Ste. Marie, ON – P6A 2Z5|
Ontario’s Algoma District is known for its commercial industries in mining & minerals, timbering, and trapping/hunting/fishing, and supports a healthy tourism economy that boasts of hunting, fishing, canoeing/kayaking, hiking, skiing, snowmobiling and other outdoor recreation. Several provincial parks are located nearby, including the Batchawana River PP, adjacent to the property on the east and west boundaries. Hydro-electric and wind power generation is common in the area. A hydro reservoir is leased on the north border of the property and a wind farm is adjacent to the west on Crown lands. The former Algoma Central Railway (now CN Railway) services the area with both commercial and passenger services, and is known for the beautiful scenery along its route, including the Agawa Canyon just north of the Algoma Property. Annual tours for autumn colors and the “Snow Train” bring tourists from around the globe.
Recent research on sites painted by the famous Group of Seven artists have indicated over 100 locations on the property that were subjects of their work. These artists road the rail lines during the 1920’s and early 1930’s through the Algoma District painting landscapes that came to symbolize a distinctly Canadian identity.
In the late 1800’s, the Algoma Central Railway was awarded the townships north of Sault Ste. Marie by the Canadian Government (the Crown) with the mandate to build a railway to Hudson’s Bay. While they never reached Hudson’s Bay, they did build a railway to Hearst, Ontario, some 340 miles north of Sault Ste. Marie. Timbering operations were conducted by ACR throughout their tenure. As ACR began diversifying its investments, the timberlands were sold to McDonald Investments of Birmingham, Alabama, who also operated the property as a commercial timberland. McDonald split their lands into several pieces, selling the current Algoma property to Algoma Timberlakes Corporation (ATC), a partnership between two individuals that essentially harvested enough timber to pay expenses, but used the property primarily for recreational purposes. The property was purchased by Quercus Algoma Corporation from ATC in January 2014.
The Algoma property is dominated by the Northern Hardwood cover type, which here consists primarily of Sugar (Hard) Maple, Yellow Birch, Red (Soft) Maple, along with several minor components such as White Birch and upland conifers (White Spruce and Balsam Fir). Other prominent forest types include Intolerant Hardwoods – primarily Aspen and White Birch; Lowland Conifers – Black Spruce, Tamarack, Cedar; and “Mixedwood” – a combination of Intolerant Hardwoods and Upland/Lowland Conifers. Quality hardwood products, primarily in Hard Maple and Yellow Birch, are the focus of timber management. Low white-tailed deer density allows for excellent hardwood regeneration. Much of the current timber value exists in stands with poor road access, so road planning and construction will be another major focus for managers.
There is no legal public access to this property.