EDM Resources Inc. is pleased to announce the completion of the fourth and final season of environmental DNA sampling for Atlantic Salmon. Consistent with all previous sampling, no Atlantic Salmon DNA was detected at the mine area. This program is a key requirement for the "fish and fish habitat" component of the Fisheries Act Authorization application that will be submitted by the Scotia Mine to the Department of [...]
EDM Resources Inc. is pleased to announce that it has commenced a dense media separation study on the base metal mineralization at the Scotia Mine. The Dense Media Separation is an inexpensive method of pre-concentrating mineralization during processing and may significantly elevate feed grades. "After preliminary analysis over the past 6 months, we are excited to now initiate a Dense Media Separation Study on our zinc [...]
EDM Resources CEO Mark Haywood joined Steve Darling from Proactive to provide an update on substantial progress the company has made regarding environmental compliance critical for the Scotia Mine's restart. The company has effectively completed three of the required four seasonal samplings of Atlantic Salmon DNA, following guidelines set by the Department of Fisheries and Oceans . Alongside these efforts, the team is [...]
EDM Resources Inc. is pleased to announce that it continues to make significant progress on the required environmental work that is necessary for the restart of the Scotia Mine. Completion of three of four seasons of sampling for Atlantic Salmon DNA as required by the Department of Fisheries and Oceans . Reconnaissance work to identify additional potential locations for stream and/or river restoration required by the DFO [...]
EDM Resources CEO Mark Haywood joined Steve Darling from Proactive to share news the company is poised for an exciting period of exploration as it ramps up activities at its flagship Scotia Mine property near the Halifax airport. Haywood shared insights into the company's progress, highlighting significant milestones achieved and future plans. The Scotia Mine project, set to produce zinc, lead, and gypsum, is nearing the [...]
EDM Resources Inc. is pleased to provide the following update on the Company's current exploration activities at its Eastville base metals prospect in eastern Nova Scotia, Canada. The group of licenses within its Eastville prospect is comprised of 18 contiguous claims and is strategically located approximately 50 kilometres from the Company's flagship Scotia Mine property. Resourceful Geoscience Solutions Inc. of Halifax [...]
EDM Resources Inc. today announced that it has appointed Eugene Chen as an independent director to the board effective February 16, 2024. The appointment of Mr. Chen is part of the Company's initiative to expand the skill set and broaden the experience, governance and independence to the Board of Directors. The Company's President & CEO, Mr. Mark Haywood, commented: "On behalf of the Company, we are extremely pleased to [...]
EDM Resources Inc. is pleased to announce that it has made significant progress on the required approvals and permitting that is necessary for the restart of the Scotia Mine. Advancement of Department of Fisheries and Oceans requests for granting of the Fisheries Act Authorization which is required for operationalizing the Scotia Mine Completion of two of four seasons of sampling for Atlantic Salmon DNA as required by DFO [...]
EDM Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement financing for aggregate gross proceeds of C$1.4 million . The President and CEO, Mr. Mark Haywood, stated: "EDM is pleased to announce the closing of this strategic financing. We regret that we were not able to accommodate all potential investors who expressed an interest in participating in the Offering. We [...]
EDM Resources Inc. is pleased to announce that it is amending the terms of its non-brokered private placement financing announced December 22, 2023. The amended placement now involves the sale of up to 12,727,272 units of the Company at a price of C$0.11 per Unit for gross proceeds of up to C$1,400,000, each Unit consisting of one common share of the Company and one share purchase warrant entitling the holder to purchase [...]
EDM Resources Inc. is pleased to announce a non-brokered private placement financing for aggregate gross proceeds of up to C$1,400,000 . The President and CEO, Mr. Mark Haywood, stated: "Proceeds of the placement will be used to advance necessary environmental field work at the Company's Scotia Mine and for working capital. We welcome all our existing shareholders and accredited investors to participate in this [...]
During THE Mining Investment Event of the North 2023, representatives from TSX and TSXV-listed companies shared their unique perspectives and company stories with TMX Group. The View From The C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment [...]