17:55:43 EDT Sun 12 May 2024
Enter Symbol
or Name
USA
CA



Blumetric Environmental Inc
Symbol BLM
Shares Issued 29,475,683
Close 2023-08-30 C$ 0.32
Market Cap C$ 9,432,219
Recent Sedar Documents

Blumetric, Stantec selected to lead Troilus EIA studies

2023-08-31 18:15 ET - News Release

Mr. Scott MacFabe reports

BLUMETRIC TEAMS WITH STANTEC IN QUEBEC'S MINING ENVIRONMENTAL IMPACT ASSESSMENT MARKET

In conjunction with Stantec, Blumetric Environmental Inc. has been selected by Troilus Gold Corp. to lead and co-ordinate provincial and federal environmental impact assessment (EIA) studies for the Troilus gold project.

Situated in the southeastern area of the Nord-du-Quebec administrative region, this pivotal project represents a $4.9-million contract, with Blumetric's portion of this contract being $1.5-million. In addition to being responsible for comprehensive water, soil, and sediment studies and facilitating consultations with regulatory agencies and the indigenous Cree communities, Blumetric will be the lead for the project.

The strategic arrangement between Blumetric and Stantec combines Blumetric's expertise in water with Stantec's expertise in permitting, which allows Troilus Gold to be supported throughout the EIA and permitting process.

"Being involved in the earlier stages of a mine's development has been a priority for Blumetric as we aim to offer solutions for each phase of the life cycle. These environmental consulting and engineering capabilities cover the initial assessment to production-scale discharge for small-to-mid sized mines. In addition, our ability to work with a brand name Canadian firm speaks to our unique capabilities as a company," said Scott MacFabe, chief executive officer of Blumetric.

"We are happy to collaborate with Blumetric on this crucial part of our project development and look forward to present the results to all our stakeholders," stated Jacqueline Leroux, vice-president operations, environment and permitting at Troilus Gold.

Earlier in August, the company was selected along with Stantec for the proposed Duparquet gold project in the heart of the Abitibi-Temiscamingue greenstone belt in Duparquet, Que. Blumetric will support Stantec's water-related disciplines as they conduct the environmental baseline work.

Blumetric continues to strengthen its local and national mining presence while highlighting its strong environmental expertise and relationships with indigenous communities within Northern Quebec. The company has gained extensive experience in Quebec providing services to mining client projects and sees the industry as an opportunity for growth in its environmental consulting services and water technologies.

About Blumetric Environmental Inc.

Blumetric is a publicly traded environmental consulting and engineering company with expertise across professional and trade disciplines and technologies that allow for the design, fabrication and delivery of sustainable solutions to environmental and water challenges. Blumetric has more than 160 employees operating in 10 offices and over 40 years of expertise. Headquartered in Ottawa, Ont., Blumetric's team of industry experts serves commercial and industrial, military, mining, and government clients in Canada and the United States.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.