Latest news with #BCAssessment
CTV News
22-05-2025
- General
- CTV News
Crossed-out property disclosure statement was a misrepresentation, B.C. court rules
The home on West Vancouver's Bellevue Avenue is seen in this 2009 photo from the B.C. Assessment website. (
Associated Press
30-04-2025
- Business
- Associated Press
KTRI Reports on Drill Results from the Two Times Fred Property
VANCOUVER, BC / ACCESS Newswire / April 30, 2025 / Kootenay Resources Inc. (TSXV:KTRI) (the 'Company' or 'KTRI') reports on drill assays from review of $4.0 million dollars of work conducted on Two Times Fred, Nechako Plateau Region, British Columbia, as disclosed in the news release of March 27, 2025. Dale Brittliffe VP of Exploration says 'This epithermal vein system has excellent prospects for a significant gold discovery. Drilling to date has clearly defined a range of mineralized targets to follow up. The vein system is large, measuring at least 3.5 km x 2km. All veins encountered are anomalous in gold and silver and the prevalence of outcropping sinter rock (hot springs related silica) indicates the mineralized system is almost entirely preserved from erosion. The last hole, 2XF-22-0041, was the best to date with no other holes completed within 300m in either direction on the Saki vein' The continuing review of exploration conducted on the system reveals: Click to view images of drill plan with vein traces, drill collar plan with airphoto, and drill plan and aeromagnetics. Key features of the principal mineralized veins are summarized below, a table of compiled drill highlights follows. All drill assays quoted are core length, drawn from both Kootenay and Centerra datasets. Data from all drilling programs quoted were subject to industry standard QA-QC protocols. The North-Northeast Trending Veins: Borrow Pit Vein Saki Vein 2XF-19-05 Section 2XF-15- 01, 02, 07, 08 Section 2XF-19-02 Section 2XF-21-0041 Section 2XF-21-0015, 0016, 450 meters north of 2XF-22-0041. Hidden Hand Vein(s) The Northeast Trending Veins: Gold Hill Vein Section with 2XF 15-03, 04 and 21-0036 Section with 2XF-15-05, 06; 150 meters from Section 2XF 15-03, 04 Shinju Vein Section 2XF-0021- 0024, 0030 Section 2XF-21-0025, 0028, 0029, 0031 and 0032 Section 2XF-21-0033 Section 2XF-21-0018, 0019, 0020 Other veins or vein trends include 'Shochu' vein intercepted in the northernmost reconnaissance hole on the property to date, RC drill hole 2XF-22-RC003. Additional targets or trends are indicated by mineralized rock chip outcrops to the west and 800 meters east of Gold Hill Vein. It is probable further exploration work will reveal more veins. A tabulation of drilling results from three drilling campaigns since 2015 is shown below. Drill holes 2XF-15-01 to 08 and 2XF-19-01 to 05 represent early tests of surface anomalies conducted by Kootenay Resources in 2015 and 2019. Subsequent drilling, 2XF-21-0014 to 0041 were compiled from database received from Centerra. Exploration work completed by that company is well documented in publicly available BC Assessment report #41144. Data were collected to industry standard QA-QC protocols and are considered representative of the tenor of the veins tested by this work. 1 quoted intervals are core length. Estimated true widths are between 65% and 85% of downhole lengths The current review of Two Times Fred, including almost 10,000 meters of drilling data indicate that the vein occurrences on the property are located within an area measuring in excess of 3km by 1.5km. Airborne magnetic data show good correlation between interpreted vein structures and drilling intercepts and are expected to assist guiding of subsequent drill testing. KTRI will continue to update on the data review as it prepares plans for the project. Two Times Fred is the discovery and recognition of an epithermal vein system made over several years. The property was first drilled by Kootenay in 2015 with a small follow up program in 2019. Further drilling conducted by Centerra under earn-in option during 2021-2022 added a total of 28 diamond holes and 6 RC holes for 8,328.5 meters and 965 meters respectively. Background Kootenay Resources Inc's stated mission is the discovery a Tier One deposit and as such KTRI focuses on those areas with demonstrated geologic potential for such deposits. The Company is exploring its flagship Moyie Anticline property in southern British Columbia and on its generative program including several promising gold-silver-copper properties in the Nechako plateau of central British Columbia. Kootenay Resources Inc. welcomes partners for exploration projects and currently has one mineral property under option to Centerra Gold (KB) Inc., and three projects under option to fellow junior exploration company Rokmaster Resources Corp. Qualified Persons The KTRI technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed and approved on behalf of Kootenay by Dale Brittliffe, V.P. Exploration for Kootenay, a Qualified Person. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. About Kootenay Resources Inc. KTRI is an exploration company actively engaged in the exploration and discovery mineral projects in British Columbia, Canada. The Company was formed as a spin-out of Kootenay Silver Inc in which prospective Canadian assets were transferred to Kootenay Resources Inc. The transaction was completed in October of 2021, Kootenay Silver currently holds 5.4 million common shares of Kootenay Resources. On behalf of the board of directors of the Company: James McDonald, Director For additional information, please contact: James McDonald, Director at 403-880-6016 Raj Kang, Director at 604-601-5650 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: The information in this news release has been prepared as at April 29, 2025. Certain statements in this news release, referred to herein as 'forward-looking statements', constitute 'forward-looking statements' under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as 'expected', 'may', 'will' or similar terms. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by KTRI as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as otherwise required by law, KTRI expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in KTRI's expectations or any change in events, conditions or circumstances on which any such statement is based. 2025 number 04 SOURCE: Kootenay Resources Inc. press release
Hamilton Spectator
25-04-2025
- General
- Hamilton Spectator
Port Moody releases draft of Parkland Strategy; council defers approval until after May town hall event
As Port Moody braces for a population boom, city officials have released a draft of the long-awaited Parkland Strategy, spotlighting both the strain on current green spaces and the ambitious steps needed to meet future demand. Staff presented the strategy to council on April 22, but council decided to defer approval of the document until after public input is received from next month's town hall on parkland expansion. The strategy lays out a comprehensive roadmap to expand, enhance, and connect the city's park system by 2050, and is built on three years of public engagements and analysis. 'Identifying the neighborhoods and taking this approach is so easy . . . for us to identify and see where the gaps are,' said Mayor Meghan Lahti. 'So that we can actually make a concerted effort to increase the park space in the areas where it's needed.' A significant parkland deficit is predicted if the city does nothing. Port Moody's population, estimated at 38,942 in 2024, is projected to surge to between 67,900 and 75,800 by 2050. Unless significant investments are made, this rapid growth – driven by densification in Moody Centre, Coronation Park, and other neighbourhoods – will stress a park system with very limited room to expand, and rising land prices. Port Moody currently has a total of 365 hectares of parkland across 47-city owned parks: 79 hectares are actively managed parkland, while 286 hectares is natural parkland (including authorized trails). That amounts to 3.2 hectares per 1,000 residents today – well above the national average. However, without adding any new parkland, that figure would drop to 1.5 hectares per 1,000 residents by 2050, and 1.1 hectares per 1,000 residents for actively managed parks. Moody Centre, a neighbourhood facing the highest level of densification, would have its parkland per capita ratio dwindle by nearly 80 percent. The Glenayre, Harbour Heights, College Park and Seaview neighbourhoods would collectively see their parkland ratio halved. 'While we have rich natural resources in the city, they do not offset the projected increase in demand for actively managed parkland as the city's population grows,' said Erin Embley, Port Moody's director of environment and parks. 'The focus of the parkland strategy is therefore on addressing these growing parks and recreation needs.' image supplied Targets and costs The strategy sets an aspirational target of 2.5 hectares per 1,000 residents by 2050, 8 percent of each neighbourhood covered by actively managed parks and trails, and 85 percent of neighbourhoods within a five-minute walk of park access. To do this, the city plans to acquire at least 22 hectares of new actively managed parkland. Currently, a single hectare of land in Port Moody is estimated to cost up to $27.5 million, according to 2024 BC Assessment data. Development Cost Charges (DCCs) – fees collected from developers to help cover the infrastructure needs – are the primary mechanism for funding the strategy. However, the strategy acknowledges a critical limitation: the growing demand for green space may exceed the revenue that DCCs can realistically generate, especially given escalating land values and the rapid pace of development. To address this shortfall, the report points toward the city's recently revised Land Management Strategy , which includes early acquisitions of key parcels, land swaps, and leasing options to reduce direct financial burden. 'This is why our land management strategy is so important,' said Coun. Kyla Knowles. Port Moody would also preserve city-owned lands with park potential, and deepen partnerships with the Coquitlam School District through joint-use agreements, which allow for shared recreational access. The city will use policy and planning tools to secure new parkland or park-like amenities through the development process. This includes negotiating for publicly accessible private spaces in new development projects, leveraging community amenity contributions during rezoning applications, and applying zoning regulations that require park dedications. Finally, the strategy emphasizes the importance of embedding these goals into the city's long-term capital planning. Future parks will be identified during budget deliberations, and sufficient resources would be allocated for acquisitions, maintenance and renewal of amenities over time. Neighbourhood assessments Staff will be also conducting individual analyses on each neighbourhood, taking into account geography, development patterns, community priorities to assess acquisition targets, and where challenges exist. These detailed assessments will identify specific service gaps and propose tailored solutions, as there are disparities between neighbourhoods. Embley elaborated on this approach by reviewing several priority neighbourhoods. She said Moody Centre has an acquisition target of 12.5 hectares, which could take the form of one or two neighbourhood parks, expansion of existing parks and new pocket parks. Strategies for the neighbourhood include advancing OCP policies to foster more parkland dedication (particularly in the Ocean Front District), and maximizing waterfront access, and pedestrian friendly streets to improve connectivity. Coun. Callan Morrison said parkland expansions for Moody Centre will be a challenge, as new provincial housing legislation mandating density has increased property prices in the neighbourhood. 'It does not make it easy for us to acquire land in those areas at an affordable price point,' he said. On the other hand, Inlet Centre, which is home to the incoming Coronation Park development, only has an acquisition target of one hectare, as the area is challenged by limited land availability. While the neighbourhood has a relatively small amount of dedicated parkland, it benefits from access to a network of greenways and trails, and many outdoor public spaces, according to Embley. Expansions could include a combination of neighborhood parks and pocket parks, new amenities in these new parks, provision of publicly owned private spaces in future redevelopments, enhanced outdoor areas at the civic complex, and more urban canopy cover and green infrastructure. For Glenayre, College Park, Harbour Heights and Seaview, an acquisition target of four hectares is being recommended. While the neighbourhoods have a number of neighborhood parks, including the larger West Hill and East Hill parks, there are gaps in distributions, Embley said. The area is challenged by high projected population growth and limited opportunities for expansion with larger developments. Potential neighbourhood parks, pocket parks, and park expansions are being considered where feasible. Access, additional amenities, improving forest canopy are all listed as future priorities. Coun. Samantha Agtarap highlighted the strategy is a living document, and is therefore subject to change. 'We're actively looking at the metrics and adjusting as we go,' she said. These things are long-term strategies. It's not going to happen overnight. The developments are not going to happen overnight, and economic conditions change.'
