BOREALIS GEOPOWER INC. ANNOUNCES ADDITIONAL BC GEOTHERMAL PERMIT AND SEARCH FOR A STRATEGIC OPERATING PARTNER
This permit is adjacent, and in addition, to a permit granted to Borealis in 2010. Borealis confirms that as of today it has satisfied all conditions of the agreement and extends thanks to the BC Government for this opportunity.
Ben Asquith, CEO of Da Daghay Development Corporation in partnership with the Ta'an Kwäch'än Council and The Yukon Geological Survey for this project recently stated the following: "We're looking at it from an economic development standpoint, and whether or not it would be feasible to put a greenhouse there. Or — big, big picture — looking at doing an energy plant,".
Alison Thompson, CEO & President of Borealis which is involved in the bidding of the Nunavut Project, recently said: "There's a rich knowledge that people living in Nunavut have ... those factors shouldn't and can't be discounted"
Shirley Bond, MLA for Prince George-Valemont and Andrew Weaver, Leader of the Green Party of British Columbia interviewed the Minister of Energy, Mines and Petroleum Resources regarding the approval of Borealis’ permit expansion.
Borealis GeoPower received an overwhelming amount support for its Canoe Reach Geothermal project at the BC Government's debate on geothermal energy. Michelle Mungal, Minister of Energy, Mines & Petroleum Resources, stated today that
"The Borealis project — as I’m very happy to see that members from all sides of the House agree — is a positive project and a good opportunity for British Columbia, if they are able to prove up any exploration that they’re able to do of the geothermal resource. As I mentioned, there has been past exploration of geothermal resources in B.C. that have not been able to prove up a sufficient resource to generate electricity. We’re hoping that that may change with Borealis.
That being said, as I’ve said to members already, I cannot discuss cabinet agendas, but the due diligence around this project has been done. Our ministry, our government, is very supportive of it, and we look forward to continue working with them into the future."
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