Why Canada? Ontario? Timmins?
There has been a long history of mining and mineral exploration in the Timmins region. As a result, it is one of the most favourable environments in the world for gold exploration:
  • Canada is a stable political environment with well-developed judicial and governmental systems.
  • Canada's “flow-through” tax provisions ensure the availability of capital even in relatively poor market conditions.
  • Ontario is a highly-ranked mining jurisdiction globally in the Fraser Institute's annual survey.
  • Ontario has a modern Mining Act and is a global centre for mining finance.
  • Timmins has one of the best developed mining infrastructures in the world for both exploration and production.
  • Power is readily available across the region.
  • Much of the region is accessible from all-weather highways and, in Moneta's case, the furthest distance from any property to a paved highway is less than a few kilometres.
  • Highly experienced surface and underground drill contractors operate across the region, along with virtually every other mining service.
  • A mobile and experienced labour force has been present for many years.
  • A large number of mills operate in the region with available capacity