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Golden Pursuit Highlights Federal Arctic Infrastructure Strategy, Including Grays Bay Road and Port, and Arctic Economic and Security Corridor
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2026) - Golden Pursuit Resources Ltd. (T...
About this update from Golden Pursuit Resources Ltd.
[{"type":"text","content":"Golden Pursuit Highlights Federal Arctic Infrastructure Strategy, Including Grays Bay Road and Port, and Arctic Economic and Security CorridorVancouver, British Columbia--(Newsfile Corp. - March 19, 2026) - Golden Pursuit Resources Ltd. (TSXV: GDP) (\"Golden Pursuit\" or the \"Company\") acknowledges the recent announcement by the Prime Minister's Office outlining a significant federal initiative to advance strategic infrastructure across the Canadian Arctic, including the Grays Bay Road and Port project and the Arctic Economic and Security Corridor (\"AESC\").According to the Prime Minister's Office, these projects form part of a broader nation-building strategy aimed at strengthening Arctic sovereignty, enhancing economic development, and improving transportation infrastructure across northern Canada.The federal initiative contemplates:The development of the Grays Bay Road and Port, a proposed approximately 230-kilometre all-season road extending from the Nunavut border to a deepwater Arctic port; andThe Arctic Economic and Security Corridor, a proposed approximately 400-kilometre all-season road through the Slave Geological Province, is designed to connect mineral-rich regions of the Northwest Territories to tidewater access.These projects are intended to establish a strategic transportation link between Canada's interior and Arctic shipping routes, while improving access to critical mineral districts. CEO Commentary\"The Government of Canada's commitment to advancing the Grays Bay Road and Port and the Arctic Economic and Security Corridor represents a potentially transformative shift in northern infrastructure,\" said Brian McClay, Chief Executive Officer of Golden Pursuit. \"For companies operating in the Slave Geological Province, including at our Gordon Lake Project, the prospect of year-round road access to tidewater is a compelling development that could materially improve regional accessibility and long-term development conditions.While these initiatives remain subject to planning and regulatory processes, we believe they highlight the strategic importance of northern mineral districts and reinforce the growing alignment between infrastructure investment and resource development in Canada's Arctic. Golden Pursuit is well-positioned within this emerging corridor framework.\"Relevance to Gordon Lake ProjectGolden Pursui...