Mining Act Modernization
posted on
Dec 02, 2015 09:47PM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
Today Ontario introduced legislation as part of the ongoing Mining Act Modernization process that, if passed, would improve how mining claims are registered and enhance the province's global competitiveness in the mining industry.
The proposed Mining Amendment Act, 2015, would enable the online registration of mining claims as well as a modernized electronic mining lands administration system.
Online mining claim registration would benefit the province's mining sector by encouraging prospecting, claim registration and exploration, key to the future development of new mines. It would also be more respectful of private landowners and eliminate the impact on the environment of ground staking of mining claims.
"Seems this will benefit KWG in their fight with NOT on those staked claims that are the subject of another court battle" ( 96 klite )
Ontario is continuing its Mining Act Modernization process to ensure it remains a global leader in mineral exploration and development.
Modernizing how mining claims are made is part of the government's plan to build Ontario up. The four-part plan includes investing in people's talents and skills, making the largest investment in public infrastructure in Ontario's history, creating a dynamic, innovative environment where business thrives, and building a secure retirement savings plan.