Invest NWT: Unlocking Our Potential: An AME BC Speaker's Spotlight

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The AME ‘Remote Roundup’ continued (on line) Tuesday with a GNWT-sponsored interactive session spotlighting the NWT’s immense mineral resource potential.

Watch the re-broadcast of this event

Part One

Part Two

Hosted by BTV – Business Television’s Jessica Katrichak the virtual event featured two-panel discussion and question-and-answer opportunities featuring six companies exploring and developing mineral projects in the NWT:     

  1. NorZinc (TSX: NZC): developing the high-grade silver-zinc-lead Prairie Creek Mine.
  2. Fortune Minerals (TSX: FT): advancing the vertically integrated NICO cobalt-gold-bismuth-copper project.
  3. Vital Metals (ASX: VML): focusing on the world-class rare earth Nechalacho project.
  4. Nighthawk Gold (TSX: NHK): with 100% ownership of a district-scale land position within the Indin Lake Greenstone Belt.
  5. Gold Terra (TSXV: YGT): who has assembled a highly prospective district scale land position on the doorstep of Yellowknife.
  6. Osisko Metals (TSXV: OM): focusing on the high-grade zinc-lead Pine Point Mining Camp.

Image: GNWT-Sponsored interactive session hosted by Jessica Katrichak (bottom left) and participants: Keyvan Salehi, President & CEO of Nighthawk Gold; Geoff Atkins, Managing Director, Cheetah Resources/Vital Metals; and David Suda, President, CEO & Director, Gold Terra


Pamela Strand, Deputy Minister of GNWT’s Department of Industry, Tourism and Investment set the context for Tuesday’s presentations with a keynote interview in which she highlighted how the NWT is uniquely-positioned not only geologically, but politically – to advance world-class projects.  

“Our geology is generally acknowledged to have the highest potential in the world. The Slave Geological Province which is one of the highest-potential regions in Canada,” Strand noted.

“Everybody knows about our diamonds but you’ll hear stories (today) about our prospectively for gold, zinc, lead, cobalt. And what really excites me is about the opportunities in what we call the critical metals or technology metals. They’re going to be so important to our future economy. We’re in the infancy for the exploration of those metals.”

When it comes to attracting investors, Strand notes that the NWT’s competitive edge lies in the relationships that exist between industry and public and Indigenous governments.

 “We have a proven and working model for resource development and there is a very strong social licence for mining in the NWT; which includes our government that is supportive. The relationships that we’ve built out of our co-management regime are very strong and stable.

Diamond mining has really been the incubator for Indigenous governments, their companies and economic growth. Because of this, I think our partners recognize the benefits that mining can bring to the NWT - as well as the successes the companies can have that explore here.”

Through the use of socio-economic agreements in particular, the NWT has built a partnered approach to resource development that is ensuring that NWT residents have the opportunity to participate in - and benefit from – mining and exploration projects.

The GNWT shares 25% of its royalties from mineral development in the NWT with Indigenous governments who have settled their land claims. 

Learn more about the companies at the forefront of promising mineral exploration projects in the territory.