Wyloo Metals Canada’s approach to its Eagle’s Nest critical minerals project in northern Ontario’s Ring of Fire region aims to align green energy transition goals with the mine’s design, CEO Kristan Straub says.
Its upcoming feasibility study for Eagle’s Nest envisions a project footprint of less than 1 sq. km where water use is minimized and tailings are deposited underground. The design is among many project details Wyloo is working to share with Indigenous communities in the region.
Unlike a black box approach where industrial developers only report information annually, Wyloo brings a “glass box approach,” Straub said in an interview last month at the annual Prospectors and Developers Association of Canada convention in Toronto. “It reduces asymmetry of information [and is] fundamental to building trust with the communities and permitting access to raw data.”
While Eagle’s Nest will depend on a network of roads that still need to be constructed in the region, it could produce about 1 million tonnes of nickel, copper and platinum group elements per year over a 17-year life, Straub said.
Watch the full conversation with The Northern Miner’s western editor, Henry Lazenby:
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