Business
Bold Ventures Applauds Government Announcement of Ring of Fire Access Roads
TORONTO, ONTARIO--(Marketwired - Aug. 22, 2017) - Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold" or the "Company") is pleased to report that the Ontario Governmen
About this update from Bold Ventures Inc.
[{"type":"text","content":"TORONTO, ONTARIO--(Marketwired - Aug. 22, 2017) - Bold Ventures Inc. (TSX VENTURE:BOL) (\"Bold\" or the \"Company\") is pleased to report that the Ontario Government has announced its support for the planning and construction of an all-season road accessing First Nation communities and the Ring of Fire development area. Bold Ventures has a number of projects in and around the Ring of Fire. (for additional information about Bold and our exploration projects visit www.boldventuresinc.com). Bold management believes that this crucial step in developing the access infrastructure for this future multi-metals mining district will support a generational-level economic development for local communities, industry and government. It will provide positive input for the economic feasibility of resource projects in this area. The news release stated: From the Ontario News Room, August 21, 2017 Province Supporting First Nations Proposal to Build All-Season Access Road Ontario is taking an important next step toward developing the Ring of Fire, working with Webequie, Marten Falls and Nibinamik First Nations to plan and construct a year-round access road into the proposed mining development site being pursued by Noront Resources Ltd. As part of this project, the province is also working with First Nations to build all-season access roads to their communities. Premier Kathleen Wynne was in Thunder Bay today with the Minister of Northern Development and Mines, Michael Gravelle, to announce that Ontario will support First Nations to plan and construct an east-west road connecting the Webequie and Nibinamik communities to the provincial highway network north of Pickle Lake. This project would provide all-season access to both First Nations communities as well as into the Ring of Fire development. The province is also supporting Marten Falls First Nation to plan and construct an access road connecting the community to the existing provincial highway network at Aroland/Nakina. Communities are working to begin environmental assessments of these projects by January 2018 and plan to begin construction in 2019, pending all necessary approvals. As a next phase, Ontario will continue to support Marten Falls to undertake further technical and environmental studies that could inform planning and development of a north-south access road tied to the development...