- Business
- EDM Resources Inc. is a Canadian exploration and development company that fully owns the Scotia Mine and related mining, processing and administration facilities near Halifax, Nova Scotia, and holds several prospective exploration permits and licenses in Nova Scotia through its wholly owned subsidiary. Founded in 2004 and headquartered in Halifax, Nova Scotia, the company focuses on advancing base metals and industrial minerals projects, with core products and resources including zinc, lead and gypsum from the Scotia Mine, as well as exploration targets such as the Eastville Prospect and the Carrolls Corner-Carrolls Farm prospects. The Scotia Mine is positioned as a restart project with existing infrastructure, including roads, power, site buildings and a fully built 2,200 tpd mill, while management targets a low-cost, long-life base metals operation and supplementary feed from nearby prospects. In recent periods, EDM has advanced several strategic initiatives, including a US$58 million gypsum offtake agreement with a Canadian wallboard manufacturer, a silver royalty agreement and subsequent sale, a dense media separation study confirming positive results on high-grade Scotia Mine ores, receipt of high gold grades in concentrate assays, and completion of C$1.0 million private placements to support development and permitting activities. In 2026, the company reported an amended industrial approval for the Scotia Mine restart, continued progress toward a production decision, and selected the Scotia Mine for presentation at the Canada Investment Summit, underscoring its ongoing operational and commercial advancement. EDM Resources was formerly known as ScoZinc Mining Ltd. and trades on the TSX Venture Exchange under the symbol EDM, on the OTCQB Venture Market under EDMFF and on the Frankfurt Stock Exchange under P3Z.