Twitter

Ontario Mining

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.

Read more

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.

Read more

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.”

Read more

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.

Read more

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.”

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

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.

Read more

[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.

Read more

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.

Read more

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.

Read more

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.

Read more