Alberta seen growing at slowest pace in 5 years after oil prices plunge

The permit would allow Electra to advance exploration across its Iron Creek deposit, the Ruby project, as well as the neighboring CAS and Redcastle option properties.

Rook I project is considered to be the largest development-stage uranium deposit in Canada.

In May, the company produced a feasibility study that demonstrated the potential for Troilus to be amongst the largest gold producers in Canada.

BQE's scope includes recommendations for updates to the existing water management infrastructure.