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Ontario Mining

[Sudbury] Winning mine rescue teams now prep for provincial competition – by Staff (Sudbury.com – May 13, 2024)

https://www.sudbury.com/

Best mine rescuers from across Ontario get to compete for bragging rights at the provincial competition in Thunder Bay next month

Two Mine Rescue teams from the Greater Sudbury area will have a chance to compete in the all-Ontario Mine Rescue competition to be held June 4-7 at the Fort William Gardens in Thunder Bay.

The Sudbury area teams representing the Onaping District and the Sudbury District were among many mine rescue teams that took part in eight district competitions across the province, May 8 to 10.

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Junior Canadian miner Red Pine accuses former CEO of tampering with gold assay data – by Niall McGee (Globe and Mail – May 11, 2024)

https://www.theglobeandmail.com/

Junior mining company Red Pine Exploration Inc. has accused its former chief executive of manipulating data on hundreds of its gold assays over the past decade, and says some of its resource estimates for its Ontario gold project are no longer valid.

The Toronto-based company first raised questions about its assays on May 1, saying it found inconsistencies in some of its drilling results pertaining to its Wawa gold project, and it was looking to work with an independent firm to determine the scope of the problem. On Friday, Red Pine said the inconsistencies stemmed from the “unauthorized manipulation of certain assay results” by the company’s former CEO.

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For mining critical minerals, Ontario can do it right, says minister – by Len Gillis (Northern Ontario Business – May 8, 2024)

https://www.northernontariobusiness.com/

Mines Minister George Pirie lauds Ontario’s mineral deposits, environmental standards, expertise in search for critical minerals

Ontario Mines Minister George Pirie said this week securing a supply of critical minerals in Canada is being done for the right reasons: to improve the country’s environmental status.

Speaking on May 6 as part of the Federation of Northern Ontario Municipalities conference at the Holiday Inn and again at Dynamic Earth, Pirie commented on his recent trip to Washington, D.C., where he met with government representatives at the Energy Transition Metals Summit. Pirie was one of the featured speakers at that event.

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Ontario beefs up supply chain funding for critical minerals – by Len Gillis (Sudbury.com – May 6, 2024)

https://www.sudbury.com/

Mines Minister George Pirie confirms additional funding will be added to the Critical Minerals Innovation Fund over the next three years to boost research into sustainable extraction of new metals required to support the battery electric vehicle industry

Ontario Mines Minister George Pirie said today Ontario is committed to strengthening the province’s critical minerals strategy in the global race to ensure there is a stable supply chain for battery electric vehicles by spending millions in new science and technology to help do that. He said the effort is already underway in Sudbury to develop new ways to procure more critical minerals.

Pirie said the Ontario government will be spending $15 million over the next three years to expand the Ontario Critical Minerals Innovation Fund (CMIF), which is a re-announcement of the funding increase that was announced as part of the Ontario budget earlier this year.

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Red Pine confirms Wawa gold assays after reported ‘inconsistencies’, stock rebounds – by Staff (Mining.com – May 6, 2024)

https://www.mining.com/

Red Pine Exploration (TSXV: RPX) said on Monday that investigations into past assay results from its Wawa gold project in Ontario found no evidence of inconsistencies, and that the company can rely on the validity of those results.

Last week, the Toronto-based gold junior issued a press release stating that it was withdrawing all previously reported assays from the Wawa project after discovering “inconsistencies” in certain results. A detailed investigation ensued.

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Smaller is possible, when it comes to mining – by Ian Ross (Northern Ontario Business – May 2, 2024)

https://www.northernontariobusiness.com/

Report encourages mining industry to target smaller mineral deposits to fill the critical minerals supply gap

Canada has an abundance of small, high-grade mineral deposits. There just doesn’t seem to be much of an appetite by the mining industry to tap into them. Small deposits are being overlooked, said a report prepared by B.C.-based Common Good Mining, because of the perception that they’re not economic due to assumed high costs, and lack of infrastructure or technology to put them into production.

But small-scale mining is a business model that’s worth exploring, (said the report), especially if Canada requires more critical minerals to feed the green-tech revolution.

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Red Pine Exploration plunges as it retracts all assays for Wawa gold project – by Staff (Mining.com – May 1, 2024)

https://www.mining.com/

Red Pine Exploration (TSXV: RPX) said on Wednesday it has withdrawn all previously announced assays for the Wawa gold project in Ontario after discovering “inconsistencies” in certain results.

These include assay results announced by way of press releases and those referenced in past disclosure documents, such as the NI 43-101 report for the Wawa project dated June 2023, the company said.

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Column: Mining giants Vale, Glencore failing Greater Sudbury – by John Caruso (Sudbury Star – May 1, 2024)

https://www.thesudburystar.com/

John Caruso is a Sudbury businessman and a concerned citizen.

Canada and Ontario are willing to sell off our non-renewable resources with little concern for the host community

There is something wrong with this picture: As our city moves toward some historic investments in quality-of-life assets, concerns are being raised regarding long-term debts being incurred and their impact on residential taxes.

I strongly believe that the planned investments in a new event centre and cultural hub at Tom Davies Square are critical investments in our ability to attract and retain population and economic growth.

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Wawa gold explorer plucks new president from Wesdome’s ranks – by Staff (Northern Ontario Business – April 26, 2024)

https://www.northernontariobusiness.com/

Michael Michaud brings a geologist’s eye to advance Red Pine Exploration’s Wawa Gold Project

In its search for a new leader, Wawa gold hunter Red Pine Exploration snagged someone with familiarity of the Michipicoten greenstone belt.

Michael Michaud will bring fresh eyes to Red Pine’s Wawa Gold Project when he relinquishes his title as Wesdome Gold Mine’s senior vice-president of exploration on July 11 and takes the helm as president-CEO of the Toronto junior miner on July 19. Red Pine made the announcement in an April 22 news release. He replaces Quentin Yarie who stepped down in late February. Yarie has been with the company since 2009 but will stay on in an advisory role through the transition.

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Ring of Fire road talks still in ‘early stages’ despite premier’s hints: Aroland chief – by Jack Hauen (The Trillium – April 29, 2024)

https://www.thetrillium.ca/

Chief Sonny Gagnon said he hopes to get a deal done in his two-year term, which began in November

While he’s “optimistic” about getting a deal done at some point in his two-year term, Aroland First Nation Chief Sonny Gagnon said the first part of the road to the Ring of Fire isn’t as close as the premier is making it out to be.

“We had great conversations with Aroland, the Chief of Aroland. We’re about that far away from signing a deal to get the first 80 kilometres of road,” Ford said last week, nearly pinching together his thumb and index finger.

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Northern Ontario remains idled in the electric vehicle revolution – by Ian Ross (Northern Ontario Business – April 25, 2024)

https://www.northernontariobusiness.com/

PM and premier talk up critical minerals at Honda plant expansion, but funding support for Northern mining and processing projects slow to roll out

The mining of critical minerals is essential to Canada’s growth in the electric vehicle sector, said Prime Minister Justin Trudeau and Premier Doug Ford on the occasion of a “historic” and “generational” $15-billion investment by Honda Motor Co. in southern Ontario.

In formulating a strategy to establish secure a “start-to-finish” battery chain ecosystem, Trudeau said on April 25 that Canada has the abundant critical mineral supply that the rest of the world wants, the available skilled talent, and advanced manufacturing capacity to build the innovative economy of the future.

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Equinox Gold buys out Orion for almost US$1B as it readies Greenstone for first gold Colin McClelland (Northern Miner – April 24, 2024)

https://www.northernminer.com/

Equinox Gold (TSX: EQX; NYSE-AM: EQX) is buying partner Orion Mine Finance’s 40% stake in their new Greenstone gold mine in Ontario for US$995 million in cash and shares as it prepares to pour first gold.

The purchase includes US$745 million in cash and 42 million shares valued at US$250 million. It was announced late on Tuesday after Australia’s Gold Road Resources (ASX: GOR) said it was no longer considering buying a stake in Greenstone from Orion. Equinox said it would fund the purchase through a new US$500-million loan and a US$260-million bought-deal equity financing.

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Magna gets the all-clear to begin test mining in Sudbury – by Staff (Northern Ontario Business – April 23, 2024)

https://www.northernontariobusiness.com/

Hometown mine builder on a fast pace to put former INCO asset back into early production by year’s end

Seventeen months after acquiring a dormant INCO nickel and copper mine in Sudbury, Magna Mining said it’s ready to begin test mining later this year.

The hometown mine developer announced April 23 it has all the required approvals and permits in place to begin advanced exploration, both on the surface and underground, at its Crean Hill Mine project located in the southwest corner of the Sudbury basin.

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Pre-election budget goodie to fund Berens River bridge and road – by Ian Ross (Northern Ontario Business – April 22, 2024)

https://www.northernontariobusiness.com/

Infrastructure project would bring permanent road to Indigenous communities and connect lithium deposits to markets

Ottawa appears willing to put some significant funding dollars behind the long-overdue Berens River bridge and road project in northwestern Ontario.

Yet it still remains a mystery on how much is being allocated to this key piece of Indigenous-led infrastructure project that will link seven remote communities to the provincial highway system for the first time and allow a lithium mine development company to connect to the marketplace.

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Nickel resources grow at Timmins exploration site – by Ian Ross (Northern Ontario Business – April 19, 2024)

https://www.northernontariobusiness.com/

Aston Minerals endowed with both gold and nickel deposits at its Edleston Project

A promising new nickel sulphide project in the Timmins area is growing in size and tonnage. Aston Minerals has released a new mineral estimate of its two deposits at its Edleston Project, showing a 44 per cent bump in the indicated nickel and cobalt resource over last year’s calculation.

The Australian company is carrying out technical work to determine if its leading Bardwell deposit can be economically mined. Edleston, situated 60 kilometres south of Timmins, is similar to Canada Nickel’s Crawford Project, north of the city, in that it’s a huge tonnage but low-grade ore property.

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