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Minister Oliver Announces New Knowledge Products to Promote Mining Investment

TORONTO, ONTARIO -- (Marketwired) -- 03/02/14 -- Natural Resources Canada

The Honourable Joe Oliver, Canada's Minister of Natural Resources, today announced the release of 33 new publications which will ensure that the mining industry can better target investment for success. These publications will give mining and exploration companies a better understanding of where new mineral deposits are located and their potential size - meaning a better shot at success and minimized investment risk. This will promote greater investment in Canada's world-class mining industry.

Today's release includes 13 geoscience products from the Targeted Geoscience Initiative-4 (TGI-4) and 20 products from the Geo-Mapping for Energy and Minerals (GEM) program. Minister Oliver made the announcement during a roundtable meeting with junior mining companies while at the Prospectors and Developers Association of Canada 2014 Convention in Toronto.

Quick Facts

--  The Targeted Geoscience Initiative-4 (TGI-4) is a national program that
    provides industry with new ore deposit models and innovative tools for
    discovery of deep deposits.
--  Over 280 geoscience knowledge products have been released to the public
    by TGI-4.
--  In Economic Action Plan 2013, the GEM program received $100 million over
    seven years to provide the public geoscience needed to make informed
    land-use and resource investment decisions in the North.

Quotes

"Natural resource development remains at the centre of our Government's economic agenda. The TGI-4 and GEM programs support mining investment and our Government's top priority: creating jobs, growth, and long-term prosperity.

Joe Oliver

Canada's Minister of Natural Resources

Related Products

--  Backgrounder: Public Geoscience

Follow us on Twitter: @NRCan (http://twitter.com/nrcan)

NRCan's news releases and backgrounders are available at www.nrcan.gc.ca/media

Contacts:
Melissa Lantsman
Director of Communications
Office of Canada's Minister of Natural Resources
613-996-2007

Media Relations
Natural Resources Canada, Ottawa
613-992-4447

The general public may contact:
Mon.-Fri., 8:30 a.m.-4:30 p.m. EST
Telephone: 613-995-0947
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[email protected]

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