Responsible Mineral Recovery
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Ontario Issues First-Ever Recovery of Minerals Permit to STLLR Gold's Hollinger Tailings Project
TMX Newsfile· 2026-02-12 12:00
Core Insights - STLLR Gold Inc. has received the first permit under Ontario's new Recovery of Minerals regime for the Hollinger Tailings Project, marking a significant milestone in the company's efforts to advance and remediate the site [1][2]. Company Overview - STLLR Gold Inc. is a Canadian gold development company focused on advancing high-potential gold projects, including the Hollinger Tailings Project and the Tower Gold Project in Ontario, as well as the Colomac Gold Project in Northwest Territories [4]. Regulatory Framework - The Recovery of Minerals regime, enacted in July 2025, aims to streamline the permitting process for responsible mineral recovery and environmental remediation of historical mine sites in Ontario [2]. - The authorization from the Ontario Ministry of Energy and Mines allows STLLR to conduct additional technical work, moving closer to reprocessing and remediating the legacy site [2]. Economic Impact - The project is expected to create jobs and strengthen the economy in Timmins and Northern Ontario, with government officials emphasizing the importance of responsible resource development [3]. - The Hollinger Tailings Project is viewed as a "triple win," offering potential for substantial near-term cash flows, environmental remediation, and long-term economic benefits for local communities [3][4]. Project Potential - The Hollinger project is characterized by low upfront capital requirements, an accelerated permitting pathway, and a low-cost profile, positioning it for quick advancement to cash flow generation in a favorable gold price environment [3][4]. - The company is actively engaging with local mill owners and regional stakeholders to further advance the project [4].