Natural Resources

Exploration, mining, petroleum conference to be held (08/10/31)

NB 1607

Oct. 31, 2008

FREDERICTON (CNB) - The annual Exploration, Mining and Petroleum New Brunswick conference will be held Nov. 2-5 at the Delta Hotel in Fredericton.

"This conference gives us an opportunity to promote investment in the New Brunswick mineral and petroleum resource sector," said Donald Arseneault, minister of natural resources. "While the mineral sector has faced some recent challenges due to a downturn in global markets, we continue to be optimistic about the future of the industry and will continue to promote New Brunswick as a location that is open for business."

The conference will be hosted by the Department of Natural Resources in conjunction with the New Brunswick Canadian Institute of Mining, metallurgy and petroleum branch; the New Brunswick Prospectors and Developers Association; and the department of geology at the University of New Brunswick.

More than 350 delegates from across Canada are registered for the event. Representatives from the mineral industry, including consultants, producers, service companies and prospectors, as well as from the oil and gas sector, universities and three levels of government will attend.

The conference will be a forum for the presentation of research and the review of mineral and petroleum exploration and mining projects carried out in New Brunswick in 2008. Arseneault will address delegates Sunday and Monday, Nov. 2 and 3.

The value of mineral production in New Brunswick reached nearly $1.6 billion in 2007 and the industry employs thousands of people. Other highlights from the sector include:

The conference will include industry presentations, displays and exhibits. The conference will also provide an opportunity for companies offering goods and services to the sector to display their products and take advantage of networking opportunities.

The media and public are welcome to attend. For more information, visit www.gnb.ca/naturalresources.

08/10/31

MEDIA CONTACT: Sharon Jones, communications, Department of Natural Resources, 506-453-2614.

08/10/31