B.C. Mining Expenditures $220 Million in 2005

TUMBLER RIDGE – There has been $30 million in expenditures in the Peace region during 2005 on 36 projects, announced Peace River South MLA Blair Lekstrom.

The majority were coal projects, such as Five Cabin, Falling Creek, Pine Pass and Belcourt.

?The exploration being done in the Peace has resulted in more than 300 seasonal exploration jobs for our workers, as well as providing other spin-off benefits for support businesses,? said Lekstrom. ?Mining is already a key industry in this part of the province and I?m committed to making sure that it continues to grow and expand to open up new opportunities for our youth as they enter the workforce. It is important that our children have the choice to work close to home.?

Investment in mineral exploration in B.C. reached $220 million in 2005, up 660 percent in the past four years signalling the best year for BC mining in over a decade. Exploration spending was just $29 million in the entire province in 2001.

The ministry also released several different publications and maps that all indicate the phenomenal growth in exploration and investment in B.C.?s revitalized mining sector. These publications assemble fieldwork results from the BC Geological survey. They include:

*Mining and Communities Maps

*Exploration and Communities Maps

*Mining Development Projects

*Exploration and Mining Activities