Projects
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Location of Projects
Mountain Lake's projects are located in geopolitically stable areas and range from early stage exploration to advanced stage exploration and resource development.
In 2012, the Company's focus remains gold exploration on the island of Newfoundland, Canada. The mining sector is a major contributor to the provincial economy of Newfoundland & Labrador, representing ~9% of GDP. And while risk for mining companies seems to be increasing in many jurisdictions around the world, the Department of Natural Resources is in the midst of a comprehensive review of the provincial mineral industry to define a new minerals strategy.
From a recent NLDNR news release: "The drafting and implementation of a Provincial Minerals Strategy will help ensure our mineral resources are developed in an environmentally-responsible manner, while supporting exploration and development opportunities,” said Minister Skinner. “The strategy will allow our government to capitalize on the economic and employment opportunities associated with the forecasted growth of the sector, and ensure the mining industry in the province is competitively positioned to attract continued investment and exploration.” To read the complete news release click here.
Put your cursor over the stars on the map below to see project info and clicking on the stars will take you to the specific project page:
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