EDM Resources Inc V.EDM

Alternate Symbol(s): SWNLF

Metals & Mining Industrial Metals & Minerals

EDM Resources Inc. is a Canada-based exploration and mining company. The Company has ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, the Company also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia. Its Scotia Mine is located approximately 60 kilometers (km) from Halifax City Centre, 33 km from the Halifax Stanfield International Airport and 11 km from CN's Milford Station. Its Eastville Prospect is located approximately 50 kilometers from its Scotia Mine. The mineral rights covering the western portion of the Eastville Prospect are held by Scotia Mine Limited, a subsidiary of the Company, which has exploration licenses 50691 and 09674. Its Carrolls Corner-Carrolls Farm Prospects has two highly prospective exploration targets in close proximity to its Scotia Mine. The mineral rights covering both prospects are held by Scotia Mine Limited.

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EDM Resources Inc > Update from yesterday

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Post by Marcello44on Jun 09, 2023 8:11am

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Post# 35488087

Update from yesterday

For me, these are the two most important points from yesterday's update:

Last week, the Company ordered certain long lead items for the Scotia Mine Mill

As announced on May 10, 2023, the Company has received a firm environmental surety bonding proposal and is now waiting on the final environmental bonding amount from the Government of Nova Scotia and the Environment and Climate Change branch.

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Multi-bagger industrial stock adds $90M in new contracts