Some good knowledge here (know what you own!)
The Abitibi is Canada's most prolific mining region both in terms of historic and current mineral production. Over one hundred mines have contributed to impressive historical production statistics that include:
18 billion pounds (8.2 million tonnes) of copper
35 billion pounds (15.9 million tonnes) of zinc
161 million ounces of gold
900 million ounces of silver
The geological environment of the Abitibi Greenstone Belt continues to offer highly prospective, relatively low cost mineral exploration potential. Exploration and mining development investment exceeding $1 billion annually continues to discover new deposits, bring new mines into production and expand existing resources. In the past, the majority of mineral deposits in the region were found at or near surface. Today the exploration industry in the Abitibi is searching deeper with innovative exploration models, new technology and better equipment, and is also expanding its search to include new-age commodities such as rare earth elements ("REE"), lithium, niobium, tantalum and graphite. And recently large tonnage open pit deposits have been identified and put into production including Osisko's Canadian Malartic and Detour Gold's Detour Lake deposits. A well-established infrastructure, a supportive political environment and a well-trained workforce enable the industry to thrive.
The Quebec Advantage-
in Quebec which is perhaps one of the most mining friendly jurisdictions in the world. Quebec is on the forefront of online digital data and claim acquisition, mine-site reclamation, aboriginal and other stakeholder consultation. Quebec's benefits include a streamlined permitting process and mining incentives that provide up to 40% cash rebates on qualifying mineral exploration expenditures.
Fascinating huh?
Canwealth can do great things there in that land!
