VANCOUVER, British Columbia, May 19, 2017 (GLOBE NEWSWIRE) — Geoscience BC today announced its latest aerial survey to identify hidden mineral potential in north central and northeastern British Columbia.
Called Search Phase III, the survey will use helicopters fitted with magnetic sensors to build a better understanding of geology in the area. Once complete, project information will be made publicly available to help communities, First Nations, the resource sector and government to make informed decisions about responsible development and investment in BC. This includes helping explorers to decide where to focus their mining efforts which will eventually lead to on-the-ground exploration activities, job creation and stimulate regional economic activity.
The news comes during BC Mining Week, which has shown that the British Columbia’s mining sector is increasingly positive. On Tuesday (May 16), PwC published its latest annual mining report noting that “the industry is cautiously optimistic”1.
Search Phase III covers approximately 9,600 km2 – an area approximately the same size as Haida Gwaii. Final details are yet to be confirmed, but it is proposed to cover a remote area that includes AuRico Metals Inc’s Kemess Underground Mine Project, which recently received an Environmental Assessment Certificate.
Commenting on the announcement, Geoscience BC Vice President of Minerals and Mining Bruce Madu said: “Experts are certain that there are undiscovered mineral deposits in this area of British Columbia. Conducting this research and making the data open to everyone allows more informed decisions to be made. It encourages targeted and responsible development in the future.”
The project is funded in part by Northern Development Initiative Trust’s Economic Development Infrastructure program with a $125,000 grant. “We are pleased to be a partner in this project,” says Northern Development CEO, Joel McKay. “Studies like this are invaluable for…