Market Herald logo

Subscribe

Be the first with the news that moves the market

Managing Director of Rafaella Resources, Steven Turner, spoke to Sonia Madigan from The Market Herald about the opportunities and challenges of growing its presence in Canada.

The company has doubled its position in Quebec, having recently acquired the Alotta and Lorraine claims from Chase Mining. The claims are adjacent to the company’s Midrim and Laforce prospects. Midrim/Laforce is a highly prospective Ni-Cu-PGE project located in the Belleterre-Angliers Greenstone Belt in Quebec. 

Steven identified differentiating the company in the highly-competitive nickel-copper space as a challenge, but reiterated the strong potential of their Quebec claims.

Given the growing demand for nickel and copper, Steven is bullish on these markets going forward.

Steven cited the Canadian government’s Budget 2022, which proposes to provide up to $3.8 billion in support to implement Canada’s first Critical Minerals Strategy, which will benefit companies like Rafaella.

Rafaella Resources Limited is a global developer and explorer of world class mineral deposits considered critical to an ever increasing technologically driven world economy.

More From The Market Herald

" PDAC 2022: The Real New Age of Metals and Mining

In its 90-year history, the Prospectors & Developers Association of Canada (PDAC) has brought together the most important players in one of the
The Market Herald Video

" And that’s a wrap: The Market Herald at PDAC 2022

The world’s premier mineral exploration and mining convention, the Prospectors and Developers Association of Canada (PDAC) welcomed a massive crowd of more than
The Market Herald Video

" The Market Herald celebrates its gala launch at PDAC 2022

It was a balmy night on June 14th, 2022 in Toronto when The Market Herald Canada officially introduced itself to the country’s capital
The Market Herald Video

" Asante Gold (CSE:ASE) soon to pour gold at Bibiani Gold mine

Asante Gold (CSE:ASE) is preparing to pour gold in the next two to three weeks at its Bibiani Gold mine in Ghana.