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Edmonton police posted about seeing the cave on Facebook on Monday. They said someone found it in the river valley and alerted them to the hole.
The First Nation chiefs spoke at a news conference west of Edmonton on Monday.
First Nations chiefs and the Alberta government are asking for $137 million in unused federal funding to be allocated to continue work to clean up inactive oil and gas sites.
The federal $1-billion fund was created to chip away at Alberta’s backlog of abandoned oil and gas wells.
The funds are part of a program that helped cleanup inactive oil and gas sites in Indigenous communities, but has "timed out."