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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Post by Marcello44on Aug 21, 2023 9:58am

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Post# 35597674

Update

The website says the mine is "approved". That's probably not the case:

The Company continues to advance and maintain its permitting of the Scotia Mine. The Company's two Environmental Assessment Approvals are in place. The Department of Fisheries and Oceans' (the "DFO") approval is behind schedule, since the DFO has recently advised that it requires additional information in connection with the application, including a more expanded and in-depth application than previously necessary. This will require additional field work, and the application submission to the DFO is now estimated to be the summer of 2024.

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