Business

Kingsview Minerals Ltd. is pleased to announce that the Company has added to its existing portfolio of mineral exploration properties located in Wawa, Ontario, by acquiring an additional 7,691 hectares (“ha”) in the Michipicoten Greenstone Belt (the “Property Expansion”). Kingsview now controls 11,854 ha, representing one of the largest land packages in this gold-rich region. The majority of the claims ...

Red Pine Exploration Inc. is pleased to report on new results from its 2022 Phase 1 exploration program, which have provided confirmation of potential to expand the current resource models of the Wawa Gold Project. Of significance is an intersection of quartz veining with visible gold in hole SD-22-321, located at the north end of Surluga, above the Jubilee Shear ...

Le gouvernement de l’Ontario lance son tout premier Plan d’action en matière de biomasse forestière, une initiative visant à stimuler la croissance économique et à renforcer le dynamisme du secteur forestier pour les prochaines générations. Le Plan vise à développer les possibilités économiques d’utilisation de la biomasse forestière, un résidu de bois de faible qualité résultant des activités des usines ...

The Ontario government launched the province’s first-ever Forest Biomass Action Plan to drive economic growth and ensure the forestry sector remains strong for future generations. The plan promotes economic opportunities for using forest biomass, a low quality wood left over from forestry mills, in new diverse ways, including low-carbon consumer products and renewable energy. “Innovative uses of forest biomass will ...

The Ontario government is providing funding to a number of Northern Ontario communities through the Northern Ontario Heritage Fund Corporation. More than $6.4 million to 21 economic development projects to purchase equipment and upgrade facilities in the Temiskaming Shores area, including: $540,000 for Tri Town Ski and Snowboard Village to upgrade its facilities and become a year-round outdoor recreation destination ...

Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal fourth quarter 2022. Fiscal fourth quarter 2022 shipments are expected to be in a range of 540,000 to 550,000 tons, and Adjusted EBITDA is expected to be in ...

À une époque où l’innovation et la technologie entraînent des changements profonds dans l’économie mondiale, l’Ontario se positionne pour devenir un chef de file mondial dans l’approvisionnement en minéraux critiques, qui seront un vecteur de ces changements, en dévoilant sa toute première Stratégie relative aux minéraux critiques. « La Stratégie relative aux minéraux critiques est le plan d’action de notre ...

As innovation and technology drive dramatic changes to the world’s economy, Ontario is positioning itself to be a global leader in supplying the critical minerals that will fuel that change with the release of its first-ever Critical Minerals Strategy. “The Critical Minerals Strategy is our government’s blueprint to connect industries, resources and workers in our province’s north to the future ...

The Ontario government is providing more than $5.5 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to 23 projects throughout Northern Ontario. The funding will expand and improve tourist attractions in the region by improving facilities, purchasing new equipment and creating more recreational and scenic spaces for locals and tourists to enjoy. This investment will build a stronger Ontario ...

Red Pine Exploration Inc. is pleased to announce the publication of its inaugural 2021 Environmental, Social and Governance (“ESG”) Report. Related information regarding the Company’s governance, risk management, commitments and performance are outlined within this report. The report marks an important milestone for the Company as it seeks to establish itself as a sustainable growth player in the mineral exploration ...

Red Pine Exploration Inc. in 2021 and 2022, began “greenfield” exploration in the Darwin-Grace Mine area revealing a multidimensional network of mineralized shear zones that each have potential to host zones of gold mineralization. Three major structures can now be identified in the area as: the Grace Shear Zone, the Nyman Shear Zone, and a newly discovered, yet to be ...

In response to the devastating and ongoing conflict between Russia and Ukraine, Northern Credit Union is donating $5,000 to the Canada-Ukraine Foundation Humanitarian Appeal, a non-profit organization established to support humanitarian projects focused on Ukraine. Donations help to provide and distribute food packages, medicine, and shelter to Ukrainian refugees who are seeking safety from the developing Russian invasions.   Canada ...

Red Pine Exploration Inc. is pleased to provide an update on its 2022 Phase 1 drilling campaign which is progressing faster and with greater efficiency than planned. In the first two months of this year, the program has completed over 7,680 meters of drilling, or approximately 30% of the 25,000 meters planned from period January to July 2022. Drilling has ...

Manitou Gold Inc. is pleased to announce the completion of the first five drill holes at the Baltimore Deformation zone (the “BDZ”) grid within the Goudreau Project, northeastern Ontario. The objective of the winter drill program is to test several distinct targets located within a key geological/structural setting and supported by coincident geophysical and geochemical anomalies. This unique structural setting ...

Manitou Gold Inc. is pleased to announce that it has entered into a binding agreement to sell a 100% interest in its Dryden properties located in northwestern Ontario to Dryden Gold Corp. Dryden Gold is a private company, controlled by the founders and management of Ely Gold Royalties Inc., a public company that was sold in 2021 to Gold Royalty ...