CANADA FLUORSPAR INC.
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FLUORSPAR PROJECT

Canada Fluorspar Inc. proposes to reactivate existing underground fluorspar mines, expand an existing mill, construct a new environmentally sound Tailings Management Facility (TMF) and build a new deep-water marine terminal in the outer St. Lawrence Harbour for the export of fluorspar concentrate product.  The project is anticipated to produce between 120,000 and 180,000 tonnes of fluorspar acidspar concentrate per year.

The Project will include:

•  Underground mine development of the previously mined Tarefare and Blue Beach North veins;
•  Upgrades to an existing mill;
•  Design and construction of an environmentally sound Tailings Management Facility (TMF); and
•  Design and construction of a new marine terminal.

The proposed mine, mill, and TDF will be located on a brownfield sites within the town limits of St. Lawrence, on the southern tip of the Burin Peninsula, in the province of Newfoundland and Labrador.