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Ring of Fire Road Needs to Start Construction Now Due to Geopolitics and Global Warming – Stan Sudol (June 1, 2024)

Without a doubt, the Ring of Fire camp and its many strategic minerals that include nickel, copper, platinum group metals, chromite and titanium – just to mention a few as explorers have just scratched the proverbial surface – is the most important mining discovery in Canadian history. It may even exceed the legendary Sudbury Basin some day.

Discovered in 2007, the region is located approximately 450 kms. northeast of Thunder Bay in the isolated and vast peatlands of Hudson Bay which itself is roughly the size of Norway but with only about 10,000 people. Contrary to fanatical ENGOs, sustainable mineral development and exploration practices will have minimal impact on the environment and provide the critical minerals needed to stop global warming. Australian miner Wyloo owns the Eagle’s Nest nickel/copper mine and various chromite deposits. Canadian owned Juno Corp is the other main explorer in the district and controls roughly 52 percent of the mine claims.

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Mineral processing plant will bring hundreds of jobs, business opportunities to Sudbury area – by Lindsay Kelly (Northern Ontario Business – May 29, 2024)

https://www.northernontariobusiness.com/

First-of-its-kind $800-$900 million facility, processing Ring of Fire nickel, will give Wyloo an edge in electric battery manufacturing

Hundreds of jobs and economic development opportunities will be created in the region when Wyloo Canada builds its multi-million-dollar minerals processing plant in the City of Greater Sudbury.

Announced on May 29, the facility will be the first in Canada to process nickel sulphate and nickel-dominant precursor cathode active material (pCAM) — minerals needed to make the batteries used in electric vehicles.

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Wyloo Canada to build Ring of Fire facility in Sudbury (updated) – by Staff (Sudbury Star – May 29, 2024)

https://www.thesudburystar.com/

Wyloo CEO Canada Kristan Straub says the facility would provide the missing piece in Canada’s aspirations to develop a domestic EV battery supply chain

Wyloo Canada announced this morning that it plans to build a downstream battery materials processing facility in Sudbury. It will cost up to $900 million to build and will create several hundred jobs, officials said at the EDome this morning.

It will cost up to $900 million to build and will create several hundred jobs, officials said at the EDome this morning. Wyloo said it has an agreement with the City of Greater Sudbury to secure land to build the battery materials processing facility. The new facility will fill a critical gap in Canada’s electric vehicle battery supply chain by establishing Canada’s first mine-to-precursor cathode active material (pCAM) integrated solution.

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WYLOO NEWS RELEASE: Canada’s First Downstream Battery Materials Processing Facility to be Built in Sudbury (May 29, 2024)

GREATER SUDBURY, May 29, 2024 – Wyloo has entered into a Memorandum of Understanding (MOU) with the City of Greater Sudbury to secure a parcel of land to build a downstream battery materials processing facility. The new facility will fill a critical gap in Canada’s electric vehicle (EV) battery supply chain by establishing Canada’s first mine-to-precursor cathode active material (pCAM) integrated solution.

Wyloo CEO Canada Kristan Straub said the facility would provide the missing piece in Canada’s aspirations to develop a domestic EV battery supply chain, by producing low-carbon nickel sulphate and nickel-dominant pCAM, key ingredients for EV batteries.

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Second Northern Ontario gold company retracts drill assay results – by Ian Ross (Northern Ontario Business – May 27, 2024)

https://www.northernontariobusiness.com/

‘Unfortunate situation’ as MacDonald Mines reviews exploration results of Sudbury project

t’s stunning news when a mining exploration company must retract its drill assay results. Now two gold companies operating in Northern Ontario have been forced to do so within a month.

Following on the heels of Red Pine Exploration’s Wawa assay fiasco, MacDonald Mines Exploration, a junior mining outfit operating in the Sudbury area, reportedly has found “inconsistencies in certain assay results” at its Scadding gold prospect. MacDonald is withdrawing all of the announced results for Scadding as the results are deemed not reliable.

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Gold company, First Nation set the ground rules for Far North exploration – by Staff (Northern Ontario Business – May 24, 2024)

https://www.northernontariobusiness.com/

Eabametoong Chief says agreement with Storm Exploration is a ‘model for others to follow’

Vancouver’s Storm Exploration has signed an exploration agreement with the Eabametoong First Nation (EFN) regarding planned activity around its Fort Hope Projects in the remote James Bay region.

In a May 23 news release, Bruce Counts, Storm’s president-CEO, called the signing a “major milestone” that offers mutual benefits for both the company and community. Storm’s Miminiska, Keezhik and Attwood projects are 350 kilometres north of Thunder Bay within a mineralized geological structure called the Miminiska-Fort Hope greenstone belt.

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New gold mine in northern Ontario could become biggest in Canada – by Lydia Chubak (CTV Northern Ontario – May 24, 2024)

https://northernontario.ctvnews.ca/

IAMGOLD’s Cote Gold open pit mine, located off Highway 144 between Timmins and Sudbury, had its official ribbon-cutting ceremony this week as production ramps up. Cote primarily produces gold, with silver as a by-product.

“Our production is growing, we’re still not at nameplate capacity yet,” said Bryan Wilson, general manager of Cote Gold. “We’re still going through teething problems in the process plant, but it’s getting to where we need to be.”

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Equinox Gold announces inaugural gold pour at Canada’s Greenstone Mine (Mining Technology – May 24, 2024)

https://www.mining-technology.com/

Located in Geraldton, Ontario, the Greenstone Mine is expected to become one of Canada’s largest gold mines.

Equinox Gold has announced the inaugural gold pour at its Greenstone Mine in Ontario, Canada. The initial pour produced 1,800oz of gold from the full recovery circuit, and on schedule. This achievement underlines the mine’s potential as the company’s largest and lowest-cost producer.

Located in Geraldton, Ontario, about 275km north-east of Thunder Bay, Greenstone Mine is expected to become one of Canada’s largest gold mines.

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Sudbury becomes a major nickel producer – by Ailbhe Goodbody (CIM Magazine – May 22, 2024)

https://magazine.cim.org/en/

In this edition of Mining the Archives, we examine the development of Sudbury as a Canadian nickel hub, which later became an example of how pollution-impacted lands can be reclaimed successfully

The Sudbury Basin was formed by a meteorite impact approximately 1.85 billion years ago, which made mineral-rich magmas rise from deeper in the earth to create the valuable mineral resource deposits in the region.

Robert C. Stanley [CIM Bulletin, July 1927] stated that the first authentic discovery of nickel in the Sudbury district was recorded about 1856. “Sudbury was at that time the terminus of the Canadian Pacific Railway, from which point construction was being pushed westward,” he said. “In the course of this work, a cutting was made which passed through an outcrop of copper ore that was later to be the Murray mine. Prospectors after copper immediately flocked into the surrounding country, and a very large number of claims were staked.”

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Tarnished Wawa gold company out to ‘rebuild the trust’ of shareholders – by Ian Ross (Northern Ontario Business – May 17, 2024)

https://www.northernontariobusiness.com/

Red Pine Exploration takes no questions during webcall but still touts Wawa exploration project

Though Red Pine Exploration’s reputation has taken a severe hit, the Toronto gold company still believes in the untapped mineral potential of its Wawa Gold Project, said board chair Paul Martin.

In a May 15 webcall to shareholders, the Wawa gold explorer began the campaign to dig itself out of an emerging scandal involving published drill assay results that the company alleges were tampered with by former CEO Quentin Yarie.

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Junior gold company Red Pine vows to regain investor trust after accusing former CEO of tampering with gold assay data – by Niall McGee (Globe and Mail – May 16, 2024)

https://www.theglobeandmail.com/

Junior gold company Red Pine Exploration Inc. RPX-X is vowing to work to regain the trust of investors after accusing its former chief executive officer of tampering with its gold assay data over the course of a decade.

Toronto-based Red Pine first raised questions about its assay figures on May 1, saying it found inconsistencies in some of its drilling results at its Wawa gold project in Ontario. The company’s stock immediately lost 60 per cent of its value.

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New Far North gold hunter stresses Indigenous collaboration – by Ian Ross (Northern Ontario Business – May 15, 2024)

https://www.northernontariobusiness.com/

ONGold sprang from Northern Superior Resources with plans to explore James Bay property

There’s a new gold exploration player operating in the Ring of Fire area of the James Bay lowlands region. And ONGold is placing an emphasis on establishing solid ties with Indigenous communities, beginning with its selection of its first CEO and filling out the boardroom seats.

ONGold is a spinoff company of Northern Superior Resources. Its shares went live last week and are now trading on the TSX Venture Exchange (TSX-V) trading under the symbol ONAU. Northern Superior remains the largest shareholder at 72 per cent.

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Red Pine plans new resource, downplays alleged assay fraud at Ontario gold project – by Colin McClelland (Northern Miner – May 15, 2024)

https://www.northernminer.com/

Red Pine Exploration (TSXV: RPX, US-OTC: RDEXF) says its ex-CEO did more reputational damage than harm to the company’s Wawa gold project in northern Ontario when he allegedly altered hundreds of drill core assays used in a resource estimate.

Quentin Yarie, the CEO from July 2015 before stepping down on Feb. 21 this year in an unrelated move, according to the company, oversaw a data collection process where he was the sole recipient of emailed assay results from Activation Labs. Red Pine alleges Yarie changed 532 assays out of 98,000 before forwarding them to staff for use in project modelling its 2019 resource update and marketing.

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Mining the Northwest: Treasury Metals goes big to get noticed – by Ian Ross (Northern Ontario Business – May 14, 2024)

https://www.northernontariobusiness.com/

Dryden mine builder picking up copper, gold property in Alaska to gain equity market recognition

Dryden-area mine developer Treasury Metals is out to create a project pipeline with its proposed acquisition of Blackwolf Copper and Gold, owner of the Niblack project in Alaska.

The developer of the Goliath Gold project announced earlier this month that it had signed a definitive arrangement agreement with Blackwolf that would see the two companies merge this summer. In a news release, Treasury said this merger will be beneficial in helping to advance its main Goliath Gold project toward production, east of Dryden.

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Canada’s next EV supply chain plant landing in Port Colborne, Ont. – by Janyce McGregor (CBC News Politics – May 13, 2024)

https://www.cbc.ca/news/politics/

Joint venture between Asahi Kasei Corp., Honda Canada will build Canada’s 1st lithium ion separator plant

The next community set for a massive boost to its local economy as part of Honda Canada’s $15-billion investment to establish a Canadian electric vehicle supply chain will be Port Colborne, Ont.

Company executives are expected to join Prime Minister Justin Trudeau and Ontario Premier Doug Ford, as well as federal Innovation Minister François-Philippe Champagne and Ontario’s economic development minister, Vic Fedeli, and municipal leaders at an official announcement on Tuesday.

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