Misinformation about the status of Aurelius Mineral’s Aureus East property on the Eastern Shore is still being circulated by the company and financial publications, even after Nova Scotia Environment confirmed, once again, there have been “no changes” in the company’s permits. Aurelius CEO Mark Ashcroft sees it differently, but we’ll get to that.First, some background. […]
Tall tales about Nova Scotia gold: investors should beware of Aurelius Minerals’ spin job
Aurelius Minerals bought the old Dufferin Gold Mine, and Aurelius is now telling potential investors the site "is permitted" and ready for mining. But a provincial permit was issued to the previous company nearly 27 years ago, and even that expired in 2017. No application has been made to transfer the permit to the new owner, and it likely wouldn't meet modern environmental standards in any event.
“Aurelius Minerals could end up following in the footsteps of Atlantic Gold, by proving up a multi-million ounce gold resource in Nova Scotia,” boasts the headline of a March 9 feature by Alastair Ford in the online Proactive Investors publication. The article begins: “We see the opportunity for a couple of million ounces of gold,” […]
Fool’s gold
Nova Scotia's Myopic Pursuit of Metals & Minerals (Part 2)
A Halifax Examiner / Cape Breton Spectator investigation. This is the second in a series of articles on the push for mines and quarries in Nova Scotia. You can find Part I here. Going for gold The CEO and chairman of Vancouver-based Atlantic Gold Corporation, Steven Dean, a man with a history of international coal and […]
Fool’s Gold
Nova Scotia's Myopic Pursuit of Metals & Minerals
A Halifax Examiner / Cape Breton Spectator investigation. Part 1: Welcome to the Gold Rush There’s a 21st century gold rush starting in Nova Scotia, just as industrial gold mining is increasingly coming into disrepute around the world. It has been described as an “environmental disaster” which often leads to contamination of water sources on […]