A Toronto-based gold developer has obtained Ontario’s inaugural Recovery of Minerals permit, enabling gold extraction from historic mine tailings and site remediation at the Hollinger mine in Timmins. This approval stems from provincial legislative updates last year that expedite such processes.
Project Milestone and Scope
STLLR Gold views this permit as a key achievement, allowing advanced technical and environmental assessments. These steps pave the way for reprocessing legacy tailings and restoring the site for return to the City of Timmins in the years ahead.
Meghan Shannon, vice president of sustainability and regulatory affairs at STLLR Gold, explained that the tailings consist of surface-deposited waste rock from the early 1900s. The site covers approximately 200 hectares and holds an estimated 60 million tonnes of material, with preliminary assessments indicating potential for 413,000 ounces of gold resources.
Gold Prices Drive Viability
Current gold prices, around $5,000 US per ounce, render the project economically feasible. Shannon noted, “Years ago, gold prices were very different than they are today. Given today’s current gold prices, other companies are examining remediation and reprocessing of these legacy sites in the province. They’ve become much more attractive because they are economically viable.”
Support from Provincial and Local Leaders
Stephen Lecce, Minister of Energy and Mines, highlighted the initiative’s benefits: “The Hollinger Tailings Project shows how we can recover valuable minerals, remediate a century-old tailings facility, and create good-paying jobs in Timmins and across the North — all at the same time. By moving faster and smarter, Ontario will strengthen our economy and remain at the forefront of innovation and responsible resource development for generations to come.”
Timmins Mayor Michelle Boileau endorsed the accelerated process, stating, “The recent provincial authorization allowing further work at Hollinger reflects real momentum towards long-term remediation and cleanup. These efforts help address legacy environmental impacts while reinforcing strong partnerships between the Province, the City of Timmins, and STLLR Gold.”
