Released on November 28, 2005
The province's vast geological potential and the research activities that help support this year's record exploration levels are topics attracting a huge crowd to the Saskatchewan Geological Survey Open House, November 28th to 30th in Saskatoon.Over 400 people in the mining and exploration business from across Canada are attending the annual showcase to learn more about topics such as Athabasca uranium, diamond exploration, mining potential for rare earth elements and government geoscience programs.
"The message everyone is delivering at this Open House is that Saskatchewan's mineral industry is a great economic success that continues to get stronger," Industry and Resources Minister Eric Cline said. "We intend to support this key economic sector so it can meet rapidly growing global demand for minerals like potash and uranium and, in the process, deliver more great benefits to the people of Saskatchewan."
Mineral exploration in Saskatchewan has risen from $30 million in 2003 to $60 million last year. Estimates for 2005 are at $120 to $140 million. Mineral production reached an all-time high last year at over $3 billion, representing over five per cent of the province's GDP. The mineral sector is vital to Saskatchewan's economy, contributing $218 million in Crown revenues and over $2 billion annually in wages, goods and services.
This year's Geological Survey Open House public lecture is titled "Too Tough to Die: An Update on the Amazing Mars Exploration Rovers." It will be delivered by Dr. Steve Ruff from Arizona State University. The lecture is free and takes place Tuesday, November 29th, 7:30 p.m. to 8:30 p.m. at the Delta Bessborough Hotel in Saskatoon.
-30-
For More Information, Contact:
| Jennifer Redston Industry and Resources Regina Phone: (306) 787-1690 |