Premier Jurisdiction
Newfoundland Stands Out as One of the Most Exceptional Jurisdictions in the World for Exploration and Resource Development
- Newfoundland & Labrador is ranked the 4th most attractive jurisdiction in the world in terms of mining investment according to the Fraser Institute’s most recent Annual Survey of Mining Companies
- Friendly pro-resource government and a mining/resource culture among a population of just over 500,000
- Smooth and relatively quick provincial permitting processes
- Year-long exploration
- Excellent infrastructure – power (ample low carbon hydro-generated electricity), all-season ports, easy access, skilled workforce
- Several new mines coming on stream including Calibre Mining’s Valentine Gold Project (pictured right) on a parallel trend approximately 60 km SE of Galloper’s Glover Island Project
- Billionaire investor Eric Sprott’s largest investment of his career is based in Newfoundland – New Found Gold’s high-grade Queensway Project approximately 20 km NW of Galloper’s Mint Pond Property