By Elke Porter | WBN News Vancouver | June 20, 2025
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Vancouver’s mining sector is making headlines this summer as two local companies, Trident Resources and Metallis Resources, secure significant new funding to advance gold and mineral exploration in Canada. This fresh influx of capital not only fuels new projects but also reinforces Vancouver’s reputation as a global mining finance hub.

Trident Resources recently closed a $2.25 million flow-through financing, adding to a treasury now exceeding $10 million. These funds will support upcoming drilling programs at the company’s Saskatchewan gold projects, particularly at the historic Contact Lake and Preview SW deposits.

Trident’s CEO, Jonathan Wiesblatt, emphasized that modern exploration at the Contact Lake mine—untouched for nearly three decades—could unlock substantial value as gold prices strengthen. The company’s focus on the La Ronge Greenstone Belt, one of Canada’s last underexplored gold regions, highlights the ongoing search for high-grade resources and the potential for significant resource expansion in 2025.

While specific details on Metallis Resources’ latest funding were not available in the provided sources, the company is known for its exploration work in British Columbia’s prolific Golden Triangle, an area rich in gold, copper, and rare minerals. The Golden Triangle and other BC regions are also drawing attention for their deposits of rare earth elements and critical minerals, including nickel, cobalt, and lithium—materials increasingly vital for clean energy technologies and electric vehicles.

The surge in exploration activity comes at a time when global demand for these minerals is rising and international trade tensions are impacting tariffs and supply chains. Canada’s stable regulatory environment and flow-through share incentives make it an attractive destination for mining investment, helping to offset risks from global tariff disputes.

Technological innovation is also shaping the sector. Mining companies in BC are adopting advanced AI-driven exploration tools to analyze geological data, optimize drilling, and improve resource estimates. These digital solutions are reducing costs and environmental impact while accelerating discovery timelines.

As Trident and Metallis ramp up their exploration efforts, Vancouver remains at the center of Canada’s mining finance world, supporting job creation, economic growth, and the global shift toward sustainable resource development.

#Vancouver Mining #Resource Exploration #Gold Mining #Rare Earths #Mining Innovation #BC Business #WBN News Vancouver #Elke Porter

Connect with Elke at Westcoast German Media or on LinkedIn: Elke Porter or contact her on WhatsApp:  +1 604 828 8788

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