- Business
- Blue Note Mining Inc. (BLNMF) engages in the acquisition, exploration, and development of mineral properties in Canada, primarily targeting gold, base metals, and precious metals. The company holds interests in the Croinor gold project, comprising a 90-hectare mining lease east of Val-d'Or, Quebec; various gold exploration properties in the Val-d'Or area of Quebec; and mining leases on the Sturgeon Lake property in Ontario, with additional historical exploration assets in New Brunswick's Bathurst Mining Camp including the California Lake silver property, Williams Brook gold property, Upsalquitch gold property, and base metal projects. Founded in 2002 and headquartered in Montreal, Quebec, the company operates across eastern Canada, focusing on high-prospective greenstone belts and mining camps in Quebec, New Brunswick, and Ontario. In recent years, Blue Note Mining changed its name from Blue Note Metals Inc. in October 2006; spun out its New Brunswick properties to GeoVenCap Inc. in 2012 to focus on Quebec gold assets; entered a binding agreement to acquire X-Ore Resources Inc. in 2009 for expanded gold exposure at Croinor; cancelled a 2013 acquisition of the remaining 50% stake in Croinor from First Gold Exploration Inc.; and extended a Croinor acquisition agreement with Critical Elements Corp. in 2015, reflecting ongoing strategic adjustments in its project portfolio amid a dormant operational phase with no reported funding, partnerships, or new launches since approximately 2015.