The province tightened up Tailings Storage Facilities regulations after a tailings pond at the Mount Polley copper mine collapsed, flooding Hazeltine Creek and Quesnel Lake with slurry.

The major is also looking to collect a portion of the $52 million it has already spent at the project.

The metal plays a key role in the global transition to clean energy and demand from the EV sector alone is expected to grow by 2.6Mt to 2040.

Ely Gold is focused on Nevada and has royalties on three of the state’s largest gold mines — Jerritt Canyon, Goldstrike and Marigold — as well as on the Fenelon mine in Quebec.

No other personnel were injured and the scene has been secured, company says.

GoldSpot's algorithms distil all available geological information to identify the most efficient way to explore.

TRU currently holds five gold exploration properties in Central Newfoundland.