Latest news with #ScottBroughton
Yahoo
29-05-2025
- Business
- Yahoo
Trident Resources Announces Appointment of Scott Broughton as Strategic Advisor
Vancouver, BC, May 29, 2025 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) ('Trident' or the 'Company') is pleased to announce the appointment of Mr. Scott Broughton as a Strategic Advisor. Scott Broughton is an accomplished mine development and minerals exploration professional with global experience in the mining sector for over 35 years. He has worked in diverse geographic and technical settings with international consulting practices including time at Stantec, BGC and Klohn Crippen Berger. Mr. Broughton has also led several public and private mineral exploration businesses focused on gold, copper, lead/zinc, and industrial minerals. His work has been recognized by governments and industry associations for excellence in community engagement, permitting and the environment. Mr. Broughton has an extensive mining network and has served as past chair of the Mining Association of British Columbia (MABC) and a director of the Association of Mineral Explorers of BC (AMEBC). Jon Wiesblatt, Trident's CEO and a Director, commented: "I am excited to welcome Scott as a strategic advisor to our emerging, pure-play Saskatchewan advanced-stage exploration company. Scott's exploration and engineering experience will be crucial as we advance our projects. Specifically, as we explore at Contact Lake, a past producing, high-grade, underground operation, Mr. Broughton's skillset will become very useful in helping to achieve success at the project." Trident Engages Strategic Marketing Groups: Trident has entered into an agreement with Plutus Invest and Consulting GmbH ('Plutus'), pursuant to which Plutus will provide the Company with marketing and communications services for a twelve-month term commencing on May 28th, 2025. The marketing services provided by Plutus will include consulting with the Company's management in building investor awareness through Plutus' network in Europe. The Company has agreed to pay Plutus a fee of CAD $120,000, payable upon the commencement of services and over the term. Plutus is arm's length to the Company and Plutus does not have any interest, direct or indirect, in the Company or its securities. The Company's engagement with Plutus is subject to the acceptance of the TSX Venture Exchange. Trident has also engaged Resource Stock Digest ('RSD') for a 3-month advertising and marketing program, commencing on May 28th, 2025, for a total cost of USD $125,000 payable prior to commencement of the campaign. The services provided by RSD to the Company relate to interviews and content creation that is distributed to RSD's subscriber base. The Company is an RSD Website Sponsor and will have a Featured Company Banner on the RSD website and will continue for the duration of the agreement. RSD is arm's length to the Company and does not have any interest, direct or indirect, in the Company or its securities. The Company's engagement with RSD is subject to the acceptance of the TSX Venture Exchange. About Trident Resources Corp.: Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX Venture Exchange focused on the acquisition, exploration and development of advanced-stage gold and copper exploration projects in Saskatchewan, Canada. The Company is advancing its 100% owned Contact Lake and Greywacke Lake projects which host significant historical gold resources located within the prospective and underexplored La Ronge Gold Belt, as well as the 100% owned Knife Lake copper project which contains a historical copper resource. Trident's Project Portfolio Map: To find out more about Trident Resources Corp. (TSX-V: ROCK), visit the Company's website at Trident Resources Corp. Jonathan Wiesblatt, Chief Executive OfficerEmail: For further information contact myself or:Andrew J. Ramcharan, PhD, Corporate Communications Trident Resources Corp.Telephone: 647-309-5130Toll Free: 800-567-8181Facsimile: 604-687-3119Email: info@ NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. Forward-Looking Information and Statements This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at for further information. Sign in to access your portfolio
CBC
04-05-2025
- Business
- CBC
B.C. company wants to open $300M made-in-Canada sand mine to fuel anticipated fracking, LNG boom
Social Sharing A B.C.-based company wants to open a sand mine north of Prince George to provide a made-in-Canada solution to an anticipated boost in liquefied natural gas production. Vitero Minerals' proposed silica sand mine, about 60 kilometres north of the city, near Bear Lake, would produce sand used in hydraulic fracturing, or fracking, to prop open the fractures that are created during crude oil and natural gas extraction. Right now, the company says, most of that sand is imported from Wisconsin, but amid a "Buy Canadian" movement, CEO Scott Broughton believes that should apply to the industrial sector, as well. "We should make that locally. We should capture that market," he said while speaking at the Minerals North conference held in Prince George this week. WATCH | Rush to develop B.C.'s liquefied natural gas industry: Trade war fires up the race to export Canada's natural gas 11 days ago Duration 8:30 Global trade instability has accelerated the push to export Canada's liquefied natural gas, but as CBC's Lyndsay Duncombe explains, that boost is also sparking concern that the industry could move too fast, putting climate and communities at risk. Broughton said the project has an estimated value of $300 million and would include an industrial mine, quarry and finishing plant and provide approximately 150 ongoing jobs, while vice-president of operations Cullen McCormick characterized it as a "glorified sand and gravel pit" in terms of appearance and process. B.C.'s Environmental Assessment Office is currently seeking public feedback on the project and will be hosting an open house at the Bear Lake Community Hall on May 13, but the proposal comes as the province is promising to fast-track select new industrial developments — and as conservation groups are sounding the alarm about B.C. falling behind on its environmental goals amid the rush to diversify the economy away from the United States. Push for development If it moves forward, sand from the mine would be sold into the Montney oil and gas basin bordering northeast B.C. and Alberta, where industry is anticipating increased demand as the LNG Canada facility comes online in Kitimat, on B.C.'s North Coast, later this year. That project will take gas shipped by pipeline from near Dawson Creek, B.C. and cool it for storage and export to Asian markets overseas. Liquefied natural gas (LNG) has been identified by both the federal and provincial governments as a key way to reduce Canada's reliance on the United States as a market for energy exports amid a trade war initiated by U.S. President Donald Trump's threats of economic annexation. And it's not alone: there are five potential LNG projects in British Columbia at various stages of approval, and the province's NDP government has promised to move quickly to get them through the queue. But while advocates for the industry say LNG is the cleanest-burning fossil fuel in the world and helps replace emissions worldwide, critics point out that its production is resource-intensive and argue it is contributing to, rather than mitigating, the climate crisis. Climate concerns from LNG, fracking Dr. Melissa Lem, a family physician and president of the Canadian Association of Physicians for the Environment, has spoken out against the expansion of the LNG industry, saying that increasing demand for fracking worsens health outcomes by increasing emissions. "Producing and burning fossil fuels have serious human health implications, especially for those living near fracking and LNG infrastructure," she said in a statement. "Expanding LNG exports ties B.C. to a volatile, polluting industry [and] will drive up health-care costs, insurance rates and the cost of living while worsening health, air and water quality, and climate impacts." In its own Climate Change Accountability report released this week, the province conceded that it is not on track to meet its own targets for cutting emissions, anticipating an emissions decrease of 20 per cent below 2007 levels by 2030, as opposed to its goal of 40 per cent. The largest source of emissions is transport, specifically road travel, followed by the industrial sector, including oil and gas. Though the report indicates the industry has managed to reduce the intensity of emissions, it also shows spikes associated with an increase in gas extraction, driven in part by the expansion of the LNG industry. Speaking to reporters this week, Energy and Climate Solutions Minister Adrian Dix said it was clear the province was not on track in its goals, but touted the overall emissions reductions seen in the report and promised to bring new clean energy projects powered by renewable sources online. Government needs to make 'hard decisions': B.C. Greens The B.C. Green Party, however, criticized the response, arguing the NDP has been focused on getting headlines by announcing new resource projects instead of making "hard decisions" needed to tackle climate change. "Investments in clean energy projects won't get us back on track when their purpose is to power oil and gas extraction for export," Interim Leader Jeremy Valeriote said in a statement, referencing reports that new electricity projects could go toward powering LNG production facilities. Hazel Thayer, a content creator focused on climate change based in Victoria, told CBC's All Points West this week that she's been frustrated to see concerns about the environment take a back seat to industrial development during the current political moment, referencing the lack of discussion around emissions during the recent federal election. "It was sort of an argument of who likes pipelines more," she said. B.C. speeding up approvals Meanwhile, on Thursday B.C. Infrastructure Minister Bowinn Ma said the province would be introducing new legislation that would speed up major public and private projects, including mines and other natural resource enterprises. Ma says the legislation gives cabinet the power to designate projects as significant on a case-by-case basis, and that they could originate from Crown corporations, local governments, First Nations or the private sector. The minister says the legislation will speed up permitting through an alternative environmental assessment process and other streamlining tools, promising that none of these will change the quality of assessment or obligations to First Nations under the Declaration of the Rights of Indigenous Peoples. As for the current proposal north of Prince George, the proposal is still in the early stages of development, but McCormick said as long as fracking and LNG development are happening in Canada, it should create as many local jobs as possible.
