New Satellite Site in Matheson Ontario This site is about an hour's drive north of Kirkland Lake and appears intended to service the needs of the Timmins area. Goldcorp has a huge operation nearby. The mine there has been in operation since 1909. St. Andrews and Brigus both have a substantial presence as well.
This also puts them somewhat closer to Detour's mine.
We are looking forward to expansion in the Ottawa and Rouyn-Noranda camps.
Good Luck!
NORDEX EXPLOSIVES LTD. ("Nordex" or the "Corporation") (TSX VENTURE:NXX) is pleased to announce the opening of its third planned strategic site in 2013. The facility is located near Matheson, Ontario and is close to large open pit mining operations. This will allow Nordex to continue to maximize the efficiency of its fleet of specialized emulsion pumping vehicles and to further increase sales to non-mining companies. The new site has been licensed as a satellite site which permits both the storage and distribution of explosives on site.
As previously announced, one aspect of the growth strategy for Nordex Explosives Ltd. identified the need for additional distribution sites to increase the ability to serve new clients and better service existing clients by increasing the geographic radius of operations. This site was chosen specifically in order to supply explosives to large quarry type operations in the immediate vicinity. The location also provides Nordex with regulatory approval to solicit and service additional construction, quarry and mining clients.