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PARTNERING FOR DIVERSIFICATION IN THE NECHAKO
BASIN |
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VICTORIA – The Province has provided $200,000 in funding to the University of Victoria for research to increase the understanding of the geology, mineral, and oil and gas potential in the Nechako Basin, an area heavily infested by the mountain pine beetle, Energy, Mines and Petroleum Resources Minister Richard Neufeld and UVic vice president research Martin Taylor announced today.
“This research will help adapt and expand economic activity in the area into new ventures that provide well-paying jobs for workers and families,” said Neufeld. “Partnerships with organizations such as the University of Victoria help us to achieve our goal of creating more jobs per capita than anywhere else in Canada.”
“The University of Victoria greatly appreciates this new funding and welcomes the opportunity to continue its productive partnership with the Province on issues where our research expertise can be applied for the economic benefit of B.C.,” said Taylor.
The funding will support geoscience projects that will increase the understanding of the mineral and petroleum potential of the Nechako Basin. This area of British Columbia is covered by glacial tills and young volcanic flows that have made exploration in the region difficult. The possibility of finding mineral deposits is high, as similar deposits are found under these formations in other areas.
As other
research activities engaged in by organizations such as the Geological Survey
of Canada, Geoscience B.C., and other universities are underway in this region,
applicants must establish that they are not duplicating or overlapping with
existing projects.
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Public Affairs Officer Ministry of Energy, Mines and Petroleum Resources 250 952-0628 250 312-6934 (cell) |
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For more information on government services or to subscribe to the Province’s news feeds using RSS, visit the Province’s website at www.gov.bc.ca. |
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