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Ontario providing funds to junior mining companies in Northern Ontario

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Funding will create jobs that will help mines discover materials needed for electric vehicles.

NORTHERN ONTARIO – The province is investing more than $4 million to help junior mining companies find the mines that will provide materials to accelerate the electric vehicle revolution.

“I am thrilled to be in Thunder Bay at the Ontario Prospectors Exploration Showcase to announce the successful OJEP recipients because it means the drills are turning and we are searching for new mines,” said George Pirie, Minister of Mines, in a media release issued on Tuesday. “The projects we are celebrating today are creating jobs in the region and in other mining towns across the North.” This is the second year in a row that Ontario has led the country in mineral exploration investment, the release said.

 

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