|By Marketwired .||
|March 2, 2014 03:30 PM EST||
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.
-- 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.
"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.
Canada's Minister of Natural Resources
-- Backgrounder: Public Geoscience
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