Ontario Provides First Permit for Recovery of Minerals

February 12, 2026

STLLR Gold’s mineral recovery project in Timmins supports new economic opportunities and environmental remediation

February 12, 2026,

TIMMINS — The Ontario government has greenlit the first permit under the Recovery of Minerals regulation to STLLR Gold’s Hollinger Tailings Project to recover residual metals and minerals from Hollinger Mine’s historical tailings. As part of the government’s plan to protect Ontario, the province is accelerating new economic opportunities in Northern Ontario with this project promoting a self-reliant critical minerals supply chain, advancing environmental rehabilitation and protecting communities.

“Timmins has been a mining town for generations, and initiatives like the Hollinger Tailings Project show how we’re building the next chapter of that legacy,” said George Pirie, Minister of Northern Economic Development and Growth. “Through proactive policies, our government is strengthening the economy, creating good-paying jobs, and streamlining permitting to facilitate innovation in the mining industry.”

Coming into effect last summer as part of Ontario’s Red Tape Reduction package, the Recovery of Minerals framework is a dedicated regulatory pathway that allows mine waste to be reprocessed, while upholding Ontario’s world-class environmental protection and remediation. Ontario was the first jurisdiction in Canada to implement this type of regulatory framework.

“Ontario is leading the way in responsible resource development, with one mission: to create jobs and strengthen our economy from global uncertainty,” said Stephen Lecce Minister of Energy and Mines. “Our government is moving with speed to build mines faster and accelerate permitting to grow our economy. We are delivering on this mission as we issue Ontario’s first-ever Recovery of Minerals permit, adding value to Canada’s economy, environment, and supply chain. Our new framework cuts red tape and turns legacy mine sites into engines of economic growth and stewardship. The Hollinger Tailings Project shows how we can recover valuable minerals, remediate a century-old tailings facility, and create good-paying jobs in Timmins and across the North — all at the same time. By moving faster and smarter, Ontario will strengthen our economy and remain at the forefront of innovation and responsible resource development for generations to come.”

“Today marks a defining moment for STLLR and for Ontario’s new Recovery of Minerals framework” said Keyvan Salehi, President, CEO and Director of STLLR. “As the first company in the province to secure a permit under this new system, we believe this achievement highlights both the quality of the Hollinger opportunity and our team’s ability to execute. It also signals strong regulatory alignment and momentum as we advance the project. Being first under this modernized framework positions STLLR at the forefront of responsibly unlocking value from legacy tailings, accelerating development timelines, and driving meaningful growth for our shareholders.”

STLLR Gold, working closely with the Ministry of Energy and Mines, is poised to become a leader in responsible minerals reprocessing supporting long-term economic growth. A landmark in the City of Timmins, the Hollinger Mine has operated for decades producing precious metals. The permit authorizes STLLR Gold to move their project forward at the Hollinger Tailings site, bringing it closer to reprocessing material and remediating a local tailings site. The Hollinger Tailings project is on track to begin as soon as early 2027 offering an opportunity to demonstrate the potential of mineral recovery.

The approval of the Hollinger Tailings Project underscores Ontario’s commitment to creating new economic opportunities across Northern Ontario by unlocking additional value from historical mines. By supporting responsible mineral recovery, reducing red tape, and advancing the cleanup of legacy sites, projects like this help create jobs, attract investment and create a pathway for similar initiatives to drive long-term economic growth in northern communities.