Regulator said the mine had caused a serious drop in the water table, which could result in the revocation of the environmental permit, closure or a fine.
EY says Canada could see a wave of new gold deals and mines built in the coming months on the back of strong bullion prices and improved demand for metals from China.
An updated resource estimate for Troilus Gold’s project in Quebec features 177.3 million indicated tonnes, grading 0.75 g/t gold, 0.08% copper and 1.17 g/t silver.