WorldWide Drilling Resource

42 DECEMBER 2023 WorldWide Drilling Resource® See us at Groundwater Week ~ Booth 512 Renewable Energy while Mining Adapted from Information by Tahltan Nation Development Corporation Tahltan Nation Development Corporation (TNDC), the business arm of the Tahltan Nation, and Solvest, a leading provider of renewable energy solutions, announced a strategic partnership aimed at advancing sustainable and clean energy initiatives in Tahltan Territory. The first power project installation is at the Schaft Creek Copper-Gold-Molybdenum-Silver Project located in northwest British Columbia, in Tahltan Territory, which is owned by the Schaft Creek Joint Venture and operated by Teck Resources Limited. Under the partnership, TNDC and Solvest will work together to identify and develop renewable solar power solutions to reduce diesel consumption and carbon emissions, aiming to achieve carbon neutrality in Tahltan Territory in the future. TNDC will invest in and own redeployable long-life solar power assets and lease them to mining companies under a short-term lease. This will create greater economic benefits for TNDC while removing the capital investment and lowering the cost of fuel and carbon emissions for mining companies - reducing risks for all parties. The Schaft Creek Project is a remote seasonal 85-person camp currently powered by diesel generators. It is estimated the solar array and battery installation will achieve more than an 80% reduction in carbon emissions directly for camp power, resulting in a significant cost savings for the site over the next three years and beyond. Additional benefits include a significant reduction in camp noise compared to generators, lower cost of power, the ability to extend the life of the system and/or redeploy the power system, and additional reductions in fuel consumption related to the delivery of fuel and materials to the site. “We are excited to collaborate with Solvest to accelerate our goal to develop and adopt clean energy technologies within Tahltan Territory. This partnership will leverage the collective expertise and resources of both organizations to develop and implement renewable solar power solutions that will benefit the Tahltan Nation and advance our vision of sustainable development. This partnership not only aligns with our commitment to environmental stewardship, but also presents significant economic opportunities. We look forward to working together to create a cleaner and more prosperous future,” said Paul Gruner, CEO of TNDC. MIN

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