Canada to Unlock Critical Minerals Development in Northern Ontario with New Funding
This is seriously impressive. Get it Cam!! Read the fine print:
Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, along with the Honourable Patty Hajdu, Minister of Indigenous Services and the Federal Economic Development Agency for Northern Ontario and the Federal Economic Development Agency for Northern Ontario, and Marcus Powlowski, Member of Parliament for Thunder Bay, announced up to $13.8 million in funding, pending final due diligence from Natural Resources Canada, for five critical minerals infrastructure developments in Northwestern Ontario. This funding would be provided through the Critical Minerals Infrastructure Fund (CMIF).
$5.5 million to Green TM Resources Canada Ltd. to upgrade 56 kilometres of existing roads and replace three bridges to support the development of a lithium mine near Armstrong, Ontario, and bypass residential communities.
Green TM Resources is a 100% owned sub of GT1. Gov support is real, and so is this project and strategy IMO.
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