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IMARC 2024: Mining’s fight for public middle ground

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IMARC 2024: Mining’s fight for public middle ground

by Richard Roberts, Editorial Director, Beacon Events

The last place Melissa Winks expected to get a hostile reaction to her confession she’s a miner was on a plane to Western Australia, a place with something of an affinity with the industry. “It’s actually physically hard to recoil in an economy seat on a full flight these days, but she actually withdrew from me.”

Winks’ anecdote during a discussion at IMARC 2024 about mining’s ESG challenges connected community perceptions of the industry with project approval delays that continue to blow out worldwide, impacting capital flows and new mineral and metal supplies.

Australia’s mining sector is seen by the rest of the world to have an advantage in its economic centrality and hence popularity in mainstream political circles.

A new survey of Australian attitudes toward mining in 2024, conducted by national scientific research body, CSIRO, indicated public trust in the mining industry had improved since its previous review in 2017. More than 70% of respondents linked mining of a long domestic list of critical minerals to cutting net carbon emissions and to the nation’s future prosperity.

However, more than 60% of respondents said mining had negative environmental impacts and over 30% believed Australia should reduce mining activity even if it delayed a transition to net zero emissions.

 

“Given the industry’s significant role in both the economy and the energy transition, understanding public sentiment towards mining is more important than ever,” CSIRO said in its latest survey report.

 

“The survey results reveal that while trust in the mining industry has improved, there are still significant challenges ahead.

 

“The public’s acceptance of mining, though also on the rise, is contingent upon the industry’s commitment to environmental stewardship, community engagement, and transparency.”

 

Numerous IMARC 2024 discussions conveyed how the industry in Australia is working double time to arrest what it sees as damaging undercurrents of resentment in communities which translate into new regulatory strains, development friction and, perhaps most concerning of all, disengagement from young people needed to help take the industry forward.

“People understand broadly that they need commodities … for their mobile phones, for their cars, for their wind turbines, for solar panels,” South32 senior legal counsel Kelly O’Rourke said at the conference.

 

“But equally they want companies to dig up these minerals in a really responsible way.

 

“And the industry has probably a mixed reputation in that space and the increased focus [on environment, social and governance] is welcome from our perspective because while we do need to dig up these commodities if we’re going to go forward in this energy transition, we absolutely don’t want to do it at the expense of the future of the environment.

 

“You need to achieve that balance because if you can’t you shouldn’t be there.”

 

CEO of The Australian Aluminium CouncilMarghanita Johnson, said community perceptions of the industry continued to be reflected in inconsistent public policy settings and a lack of reform urgency at federal and state levels.

“I would say as somebody who’s worked in this sector for 25 years … I’ve never seen the sentiment towards alumina and aluminium be so strong, so I’m taking that as a win,” she said.

 

“[But] I’ve never seen the sentiment towards parts of our mining industry be so weak, which is a challenge.

 

“Environmental approvals for a new mine are a real struggle and not one that we’ve historically faced in the same ways that we do now.

 

“And that connectivity in the middle is a challenge.

 

“Take our [TAAC member Rio Tinto’s Bell Bay] smelter down in Tassie.

 

“Fifteen years ago that smelter was called one of Australia’s big polluters. That’s now a green metal superpower. So it’s the same smelter producing the same commodity with the same workers and the same source of energy.

 

“It’s all about perception.”

 

Industry people such as Winks, gold and copper miner Newmont’s head of safety and sustainability in Australia, see a golden opportunity for mining to redefine itself in the eyes of the public as it becomes an increasingly important part of energy and security conversations in many societies and among more investors.

She says the way the industry goes about winning new project approvals can underline its maturing credentials in ways that go beyond public sustainability reports and statements. But it still needs to find ways to make better connections, as evidenced by her plane encounter when she tried to convey some of the experiences she’d had in a 25-year career.

“She said, well, you don’t look like a miner,” Winks said of the meeting.

 

“I’m not a greenie but I don’t like mining.

 

“My heart kind of sunk.

 

“We’ve all worked really hard over many years to do lots of things we’re really proud of.

 

“But it was that realisation that our general public, the broader community, is taking their points of reference … from the media [and] from activist groups; from pamphlets that are being dropped around.

 

“And we’re letting other people tell our narrative.

 

“I think one of the great opportunities we’ve got with approvals moving forward is … [working] together with regulators, with our stakeholders, with our communities, with our First Nations partners around [the] shared vision for our project.

 

“There are things that we can do.

 

“We can absolutely make sure we’ve got the best people working on our approvals projects that we’re investing the time in to put together really well considered, complete and comprehensive submissions as part of our approval process.”

 

CSIRO’s “citizen survey” report said more than 80 significant critical minerals projects in Australia’s national pipeline – requiring circa-$42 billion of investment – could create over 115,100 jobs in the Australian economy to 2040. That is, they need lots of people.

Discussions across various IMARC 2024 forums underscored the industry’s continuing problems retaining and attracting new top-line talent, and its need to adopt new strategies but also sell itself better.

“Industry is completely committed to strong environmental and community outcomes but we have a complex issue,” said Rebecca Tomkinson, CEO of The Chamber of Minerals & Energy of Western Australia.

 

“And we have to tackle it differently.

 

“We’ve got to come together and be prepared to look at it differently [and] accelerate the way in which we traditionally work.

 

“We need the brightest of the best to … help us address this complexity.

 

“Our industry doesn’t look like it did 50 years ago, and yet still the imagery is the same.

 

“I talk about an example where we used to have abdominal surgery to remove a kidney stone. Today, we go in with a laser and you’re in and out in an hour.

 

“Mining is very similar. The technology that is being developed … is incredibly exciting for our young people and we need them to be able to see the application of their skill set in being part of a solution for industry.”

 

Ashley Potter, a final-year mining engineering student at the University of New South Wales who is interning at Evolution Mining, told IMARC 2024 she was passionate about connecting other students to the industry having stumbled into it without previous exposure to mining growing up in Sydney.

“I hadn’t even heard about mining as a career pathway until I started university,” said the president of the Sydney student chapter of AusIMM, Australia’s mining professionals body.

“I truly don’t think that there’s an industry that has a greater focus on uplifting and developing its young people.”

 

AusIMM’s CEO Stephen Durkin told IMARC attracting students like Potter into the industry was “a massive challenge”.

“In Australia there is this year 70,000 STEM graduates and of that number 13,000 have graduated [in] engineering and of that number 400 will come and work in the mining industry,” he said.

 

“We see a massive opportunity to educate and inform STEM graduates about what a career looks like in our industry.”

 

Potter said: “You’ve got people that have been exposed to the mining industry – so largely your mining engineering students – who really see all of the opportunities that are available and are taking advantage of that.

“But even in resource-related degrees like mechanical engineering or geology or environmental science a lot of students that I talk to at university have actually got a very negative perception of the industry, largely just driven by a lack of awareness or ignorance about the opportunities and about how important the industry is for that energy transition.

 

“So I have very much found that I have to actually convince people about why they should be interested in a career in mining.”

Posted December 2, 2024

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New Break Resources Ltd. (CSE: NBRK) (OTCQB: NBRKF) (FSE: O91) has received results from the last four holes of a ten-hole, 1,996 metre summer drilling program in the Zavitz gold zone at the Company's 100% owned Moray gold project. In total, New Break has completed 5,372 metres of drilling in 32 drillholes in 2026. Moray is located 49 km southeast of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc. Select results from the final four of ten holes drilled in the summer drilling program are presented below in Table 1, while drillhole collar locations are detailed in Table 2 in Appendix A. Table 1 – Moray Summer 2026 Final Drill Results Hole ID Length (m) From (m) To (m) Width (1) (m) Au Grade (2) (g/t) NBR-26-29 322.0 77.3 78.8 1.5 0.42 and 138.0 139.1 1.1 0.38 and 162.5 173.3 10.8 (3) 1.61 and 227.4 229.0 1.6 1.21 and 231.5 232.1 0.6 1.72 NBR-26-30 250.0 37.0 38.0 1.0 0.30 and 102.8 103.5 0.7 0.60 and 121.5 122.5 1.0 0.36 and 124.5 125.5 1.0 0.33 and 128.5 129.0 0.5 0.90 and 131.0 132.0 1.0 0.36 and 169.8 174.0 4.2 2.65 and 178.0 179.5 1.5 0.77 and 183.5 186.6 3.1 1.22 and 190.0 190.5 0.5 1.06 and 191.5 192.5 1.0 1.48 and 196.0 200.5 4.5 2.53 and 203.5 204.0 0.5 2.15 and 206.5 212.0 5.5 1.57 NBR-26-31 274.0 169.0 170.5 1.5 0.37 and 184.5 186.0 1.5 0.51 and 197.0 200.0 3.0 0.94 and 201.5 202.0 0.5 0.50 and 203.5 210.0 6.5 (3) 3.12 NBR-26-32 352.0 73.5 74.0 0.5 0.44 and 174.0 174.6 0.6 0.52 and 194.0 195.0 1.0 0.66 and 199.8 203.3 3.5 2.29 and 227.3 228.0 0.7 0.97 (1) Intervals are drill intersections and do not necessarily represent true widths. (2) All intervals are presented using a cut-off grade of 0.3 g/t Au and internal dilution of no more than 1.0 metres at grades less than 0.3 g/t Au and assays are not capped (see QA/QC Procedures). (3) Drill core photos shown in Appendix B. Figure 1 – Newly Reported Drillholes NBR-26-29, 30 Figure 2 – Newly Reported Drillholes NBR-26-30, 31, 32 Note: The bottom of NBR-26-30 deviated southeast and is represented in both sections. Figure 1: Section B-B1 incorporates drillholes NBR-26-06, 07, 08, 25, 26, 27, 28, 29 and part of 30. Gold mineralization extends southeast into the syenite as exhibited in NBR-26-29. NBR-26-30 is identified in both sections A-A1 and B-B1 as the drillhole was collared along section A-A1 but deviated southeast, intersecting gold mineralization in the mafic volcanics in section B-B1. Figure 2: A-A1 incorporates drillholes NBR-26-03, 04, 05, 23, 24, 30, 31 and 32. NBR-26-31 exhibits gold mineralization both within the syenite (at the contact) and within a "flow breccia" within the hematite altered mafic volcanic at the contact. NBR-26-32 is typified by blocky faulted ground with lamprophyre dykes and gold mineralization in the hematite altered mafic volcanics in a brecciated quartz vein with angular syenitic fragments. William Love, Chief Executive Officer of New Break commented, "Ongoing drilling this summer in the Zavitz gold zone continues to deliver significant gold values, with gold mineralization intercepted in every drillhole. As depicted in Figures 1 and 2, gold mineralization has been encountered predominantly within the mafic volcanics. Importantly, drillholes NR-26-29 and NR-26-32, the deepest drilled to date, demonstrate that gold mineralization extends into the syenite to the southeast at the contact with the mafic volcanics." He further noted, "The intrusive-mafic volcanic contact in the Zavitz gold zone has a distinctive magnetic high. This could be reflective of the higher proportion of iron in these mafic volcanics, which is associated with the higher gold values. This same magnetic and IP signature has been identified elsewhere in areas also believed to be along the intrusive-mafic volcanic contact. Drilling these never before tested targets with the goal of identifying gold mineralization similar to that encountered in the Zavitz zone represents the potential for significantly expanding the Moray gold discovery. There is also the belief that the Zavitz zone could represent the first of a series of stacked mineralized gold zones, which would point to the potential for a much larger gold system at depth. We plan to test this through deeper drilling directly into the Zavitz zone." About the Moray Gold Project The Moray property is located in the heart of the Ontario Abitibi greenstone belt, 49 km southeast of Timmins surrounded by a number of significant gold producing companies and existing mills (see Figure 3). The Young-Davidson gold mine operated by Alamos Gold Inc., with its 8,000 tonne per day mill is the closest and within a short trucking distance of approximately 45 km by road from Moray. The understanding of gold mineralization at Moray continues to evolve with each round of drilling. The occurrence of gold mineralization extending into the syenite to the southeast of the Zavitz zone and in the deepest drillholes is noteworthy given the presence of syenite-hosted mineralization at Young-Davidison. More recent examination of the drill core also suggests that the gold mineralization discovered to date may resemble an intrusion related style of deposit like Agnico Eagle's Upper Beaver gold deposit east of Kirkland Lake, as opposed to a structurally hosted gold system. Both Young-Davidson and Upper Beaver host multi-million ounce gold deposits. Figure 3 – Moray Location Map: Surrounding Gold Producers and Upper Beaver Gold Project Technical Content and Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by Peter C. Hubacheck, P. Geo, consulting geologist to New Break, and an independent Qualified Person as defined by National Instrument 43-101. Mr. Hubacheck certifies that this news release fairly and accurately reflects the technical information and data presented. New Break conducts its exploration activities in accordance with CIM Best Practices Guidelines. QA/QC Procedures QA/QC procedures were executed to ensure all work is conducted in accordance with best practices. All drill core was sawn in half with one half of the core prepared for shipment and the other half retained for future verification. All core is under watch from the drill site to the core processing facility. Drill core is BQTK size and sample intervals range from 0.5 metres to 1.0 metres in length. Commercially prepared certified reference material ("CRM") standards and blanks were inserted with each shipment at a rate of 1 QAQC sample in every 12 core samples. Samples from New Break's 2026 Moray drilling program were analyzed at Activation Laboratories in Timmins, Ontario, which is ISO 17025 certified, by 30-gram fire assay with atomic absorption finish. Any sample assaying greater than 10.0 g/t Au was re-assayed with fire assay gravimetric analysis. Grade composite intervals over core lengths are calculated using a weighted average grade with a cut-off grade of 0.3 g/t Au. Up to 1.0 m of internal dilution (consecutive interval below cut-off grade) are included within specific geologic domains and alteration assemblages, except as otherwise noted. The composites are constrained geologically by metasomatic alteration processes sourcing from the Fiset syenite intrusion and contact mafic volcanic rocks. Elevated gold values are coincident with hematite, silica, sericite and pyrite mineralization within structurally prepared brecciated corridors flanking the intrusion. Intervals are not true widths and no top cutting has been applied to the higher gold values. About New Break Resources Ltd. New Break is a Canadian mineral exploration company focused on its Moray gold project located 49 km southeast of Timmins, Ontario, in a well-established mining camp within proximity to existing infrastructure, and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. Shareholders are also leveraged to exploration success in Nunavut, Canada, through New Break's 20% carried interest in the Sundog gold project and ownership of 6.0 million shares of Guardian Exploration Inc. (TSXV: GX). The Company is supported by a highly experienced team of mining professionals. Appendix A – Drillhole Data and Locations Table 2 – Moray Summer 2026 Drillhole Collar Locations Hole ID Length (m) UTM Easting UTM Northing UTM Elevation Azimuth (degrees) Dip (degrees) NBR-26-29 322.0 492703 5320285 363 220 -70 NBR-26-30 250.0 492708 5320329 363 220 -47 NBR-26-31 274.0 492708 5320329 363 220 -60 NBR-26-32 352.0 492708 5320329 363 220 -70 Total 1,198.0 Coordinates are reported in UTM Zone 17 North, with units in metres. Figure 4 – Zavitz Gold Zone – Surface Traces of 2025 and 2026 Drillholes. All of the drilling at Moray has been completed by Enviro North Exploration Inc. out of Sturgeon Falls, Ontario. Drilling in the Zavitz gold zone is shown in figure 4, with the 1,996 metres in 10 holes drilled this summer depicted in red, the 2,807 metres in 20 holes drilled from January to April 2026 shown in blue and the 1,817 metres in 8 holes drilled in 2025 shown in black. In total, 6,620 metres in 38 drillholes have been completed in the Zavitz gold zone, while New Break has completed a total of 5,372 metres in 32 drillholes of our planned 2026, 10,000 metre drilling program. Appendix B – Drill Core Photos From NBR-26-29 and NBR-26-31

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