The M&E Dispatch - 019

Hello Everyone,

This week saw rising temperatures in the Crowsnest Pass—figuratively, of course—as heated town halls featured ranchers and tourism operators lobbing fiery volleys at executives and government officials, while door knockers campaigned with the intensity of election season.

Well, it kinda is.

The Crowsnest Pass is set to vote on the question “Do you support the development and operations of the metallurgical coal mine at Grassy Mountain?” and it’s implications are significant.

• There’s 100+ year-old water rights are at play.

• Tourism drove recovery after coal left—now returning at what cost?

• Selenium pollution threatens fish and water safety.

• CPKC rail expansion boosts coal export potential.

• Jobs vs. environmental impact divides the community.

• Coal’s legacy clashes with modern sustainability efforts.

• Regulatory decisions could reshape future mining projects.

• Canada’s needs to compete with Australia in coal exports.

• A test of balancing economic growth with environmental care.

With many other projects in the valley already in production it’s evident that the region is to coal what Alberta’s Prairies are to Oil and Gas, should we really be hampering new extraction sources just double digit kilometres away? The rail is already there, it’s already taking cars of coal to Vancouver and then ports abroad. Does it not make sense to simply add a few more cars to the train and generate more revenue for the region?

Or is it time to lean into existing projects, combine efforts and increase production from the already established projects?

Do we really need another when there is decades of production left in the current mines? Is there merit to finding ways to channel the efforts to open Grassy Mountain into working with EVR to combine forces?

This vote on November 25th will be one to watch. We’ve got a bit more info on our site and we’ll update it as we get closer to that date.

// The Dirt

PJX Resources Finds SEDEX Mineralization
Drilling at PJX Resources' Dewdney Trail Property uncovers significant sedimentary horizons and mineralized breccias, showcasing exploration promise.
Learn more

Northisle Files NI 43-101 Report for North Island Project
Northisle Copper and Gold submits a technical report, updating resources at its flagship North Island Project on Vancouver Island.
Details here

EVSX Completes Battery Recycling Commissioning
St-Georges Eco-Mining's EVSX subsidiary completes commissioning for its recycling line, processing various battery types with an annual capacity of 4,200 tons.
Read more

Sabre Gold Reclaims Copperstone Royalty
Sabre Gold Mines repurchases a 1.5% NSR royalty on the Copperstone Gold Project, enhancing project economics.
Learn more

Lomiko Metals Launches Private Placement
Lomiko Metals announces plans to raise up to C$1.05 million through a private placement to fund ongoing exploration efforts.
Details here

Kingfisher Metals Targets Porphyry Cu-Au in Golden Triangle
Kingfisher Metals identifies six new drill-ready porphyry Cu-Au targets at its HWY 37 Project in BC's Golden Triangle.
Read more

Apollo Silver Closes $13.5M Private Placement
Apollo Silver secures $13.5M in funding with participation from Eric Sprott, boosting exploration capabilities.
Discover more

Piedmont Lithium Reports Strong Q3 Results
Piedmont Lithium surpasses production guidance and maintains low costs, reporting robust Q3 financial performance.
More info

Red Pine Starts 25,000m Drill Program at Wawa
Red Pine Exploration begins a massive drill program to extend gold mineralization zones at its Wawa Gold Project.
Details here

Tocvan Ventures Highlights Soil Sampling at Gran Pilar
CEO Brodie Sutherland shares insights on Gran Pilar's soil sampling program, advancing exploration strategies.
Read more

Stakeholder Gold Shares Ballarat Exploration Update
Stakeholder Gold's 2024 exploration at Ballarat in the Yukon reveals encouraging results in the White Gold District.
Discover details

Ximen Mining Intersects Visible Gold in Vernon
Ximen Mining finds visible gold in hole 7 during its Brett Epithermal Gold Project drill program near Vernon, BC.
Read more

Origen Resources Options Arlington Project to Equity Metals
Origen Resources partners with Equity Metals to advance the Arlington Property in south-central BC.
Learn more

Thesis Gold Makes Discovery at Ring Zone
Thesis Gold uncovers a new near-surface gold zone at its Lawyers-Ranch Project in BC's Toodoggone District.
More info

Bonterra Resources Partners with ICP for Market Making
Bonterra Resources collaborates with ICP Securities to optimize its market performance using proprietary algorithms.
Details here

Commerce Resources Achieves 36% REO Concentrate
Commerce Resources produces high-grade rare earth mineral concentrate at strong recovery rates in flotation testing.
Read more

Midland Exploration Identifies Gold Potential in Baie-James
Midland Exploration's reconnaissance program in Quebec's Baie-James uncovers promising gold targets.
Learn more

Sirios Resources Completes $962K Private Placement
Sirios Resources raises $962K in a first tranche of its flow-through private placement to fuel exploration activities.
More info

FPX Nickel Expands Mich Property Exploration
FPX Nickel's sampling program at Mich Property in the Yukon identifies significant nickel mineralization targets.
Discover details

Silver North Makes New Discovery at Haldane Project
Silver North intersects high-grade silver, gold, and base metals at its Haldane Silver Project in Yukon.
Read more

Osisko Metals Updates Resources at Gaspé Copper
Osisko Metals announces a major resource upgrade at its Gaspé Copper Project in Quebec.
More info

Sigma Lithium Beats Q3 Guidance with Strong Cash Flow
Sigma Lithium surpasses production and sales targets, generating $34M in operating cash flow in Q3 2024.
Read more

Future Fuels Acquires Nunavut’s Mountain Lake Property
Future Fuels Inc. strikes a deal to acquire the Mountain Lake Project, bolstering its asset portfolio.
Details here

Ximen Mining Wraps 2024 Drill Program at Brett Property
Ximen Mining concludes its Brett Epithermal Gold Project drill program, marking significant progress.
Discover more

//

Off to Penticton for a hockey tournament this weekend, where I’ll be putting the final touches on a service for Junior Mining Companies. I’ve been working on this with a couple of investor relations firms that I’m sure you’re familiar with, to develop a service that provides a strategic platform.

With the recent outcome of the U.S. election likely leading to significant changes in how we do business with the U.S., I, along with many of you, feel that the time is right for Canadian companies to put more effort into spreading their messaging further than they currently are.

I strongly believe there is a great opportunity on the horizon to reach a massive pool of investors who are about to discover what we truly have to offer.

If you’re a TSX.V-traded company and want to see what we’re working on, hit reply, and I’ll give you a sneak peek.

As always, if you’re at the same rink as me this weekend, let me know. I have a pocket full of silver and I’d love to buy you a coffee.

- Lee