Industry Minister Andrew Parsons says this Exempt Mineral Land consists of the Lunch Pond gold deposit as well as 19 mineral prospects like copper and zinc but the majority of showings are for gold,
As the famous quote from Mark Twain’s book, “the Claimant,” goes, “”There’s gold in them thar hills.” Government has issued a Request for Proposals to award the mineral rights for the Glover Island Exempt Mineral Land. It’s in an area within Grand lake, about 30 kilometres southeast of the City of Corner Brook. Industry Minister Andrew Parsons says this Exempt Mineral Land consists of the Lunch Pond gold deposit as well as 19 mineral prospects like copper and zinc but the majority of showings are for gold. There are also separate prospects for base metals like copper and/or zinc. Parsons says there has been interest in this area since the 1950s. He says copper prices right now are very strong globally and we are in a “lucky” position with copper in Baie Verte. Mineral rights are reserved for the Crown and may be disposed of by the minister by public tender. Closing date for receipt of proposals is January 22nd, 2025. Further information can be found on the department’s website.
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