Business

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 ...

Argonaut Gold Inc. is pleased to announce the appointment of Larry Radford as President, Chief Executive Officer and Director effective March 21, 2022. Mr. Radford brings over 35 years of technical and operations experience in the mining industry. Most recently, Mr. Radford served as the Chief Operating Officer of Gold Standard Ventures Corporation, where he was responsible for leading the ...

Angus Gold has completed the acquisition of a 100% interest in six (6) mineral claims (the “Acquisition Claims”) that are contiguous and adjacent to the Golden Sky Project located in Wawa, Ontario. The Company also announces that it has recently staked an additional 49 mineral claims (the “Staked Claims”). The Golden Sky project is the site of significant new gold ...

Appian Capital Advisory LLP, the investment advisor to long-term value-focused private equity funds that invest solely in mining and mining-related companies, is pleased to announce that it has divested its 2.0% net smelter return royalty and its subordinated credit facility in Harte Gold to Silver Lake Resources, representing a positive outcome for Appian’s investors. Under the terms of the transaction, Silver ...

Generation Mining Limited and Metis Nation of Ontario are proud to announce the signing of a Consultation and Process Agreement for the Marathon Palladium Copper Project located in Northwestern Ontario. This agreement sets out the principles that will guide the MNO and Generation PGM Inc. (a wholly owned subsidiary of Gen Mining) in developing their relationship and confirms their intentions ...

La Société d’aide au développement des collectivités de Supérieur Est est un organisme régional sans but lucratif qui dessert la région de Supérieur Est qui comprend la région allant de la Première nation de Pic Mobert à Chapleau. La SADC Supérieur Est offre des services de prêts aux PME ainsi que des services-conseil aux entrepreneurs de la région. De plus, ...

The Superior East Community Futures Development Corporation is a non-profit regional organization covering the Superior East region which includes the area from Pic Mobert First Nation to Chapleau. It offers small business loans and counselling as well as regional community development services. The Regional Relief and Recovery Community Development Fund still has a limited amount of funds available to non-profit ...

The Ontario Maple Syrup Producers’ Association (OMSPA) is pleased to announce the receipt of funding from the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) for an Ontario Sector Development Project that will explore a revised strategic approach for the maple syrup industry in Ontario. OMAFRA’s support includes an $83,000 grant to explore quality assurance issues, domestic market opportunities, ...

Bold Ventures Inc. is pleased to report that an airborne Vertical Loop Time Domain Electromagnetic and Magnetic survey (VTEM Plus) carried out by Geotech Ltd. of Aurora, Ontario has been completed at the Farwell Gold-Copper Project located 55 km northwest of Wawa, Ontario. A total of 556 line-kms were flown at 200 m line spacing to cover the entire claim ...