Can you describe Hancon Mining’s history and footprint?

Hancon Mining was founded in 2022 as a contractor in Timmins, providing mining and construction services to underground and open-pit mining operations. Since our founding, we have quickly expanded to other jurisdictions. In Canada, we currently hold contracts in Manitoba and Ontario, and we are in talks with Vale to expand our operations to the Sudbury region. Additionally, we began working in the US in 2025, with three contracts servicing the Galena Complex in Wallace, Idaho.

What technical capabilities do you bring to the market, both in Ontario and beyond?

Demand today is strongest in our underground mining business. Hancon Mining specializes in narrow vein mining, which sets us apart from the competition. Our engineers have over 20 years of experience in the industry, bringing expertise from the previous era of mining in the Timmins area, when most operations were narrow vein and underground.

When executed by experienced contractors, longhole stoping is a cost-saving, high-productivity mining method. While the Galena mine in Idaho historically faced challenges implementing longhole stoping, Hancon Mining has proven its viability on-site. Our crews have completed three separate longhole stoping blocks, each executed safely, on schedule, and to the highest standard..

What has the ownership transition at Porcupine been like from the perspective of a contractor?

Both Newmont and Discovery are exceptional clients to align with, and the recent ownership transition at Porcupine has opened exciting new doors for Hancon Mining. The incoming team has expressed a strong interest in reviving the classic narrow-vein mining methods that were widely used in the region 30 to 40 years ago. With significant gold still present in the upper levels of the Porcupine area, Hancon is ideally positioned to deliver results where others may not have the depth of expertise.

How has Hancon Mining’s joint venture with Apitipi Resources benefited the two companies?

Sustainable partnerships with First Nations communities are fundamental to the mining industry’s continued success in Ontario. Hancon Mining is proud to invest in links with our First Nations counterparts. Our joint venture with Apitipi Resources, a drilling company, is a mutually beneficial arrangement. Joining forces enables us to deliver stability and consistency to our clients.

Heading into 2026, how do high precious metals prices impact Hancon Mining’s future development?

The strength of both gold and silver prices is enabling long-term investments in Ontario’s mining industry. Our largest challenge is the ongoing labor shortage. For roughly a decade, the next generation was not being adequately trained to work in the mining industry. 

Hancon Mining is a strong supporter of efforts to promote mining jobs within the community. From jacklegs and stopers to hand tools, we want to show people that you can make a good living with your hands. At the operational level, we take it upon ourselves to train our workers. On every project, we pair our experienced operators with someone who is just starting out at the company. 

How does Hancon Mining approach safety at the mine site?

Hancon Mining operates under a Zero Harm philosophy, making safety the foundation of every project. We empower all workers to stop unsafe work and foster a strong safety-first culture at all levels. Comprehensive training ensures crews exceed regulatory standards. Daily risk assessments, job hazard analyses, and pre-shift inspections help identify and control hazards in real-time. Our use of Sofvie technology enhances transparency, tracking safety cards, inspections and corrective actions. Emergency preparedness is built into every site through refuge stations, drills, and response plans. We collaborate with clients, regulators and Indigenous partners to align on shared safety goals. By prioritizing safety, Hancon consistently delivers projects on time and on budget without compromise.

What can we expect from Hancon Mining in 2026?

Within just three years, Hancon Mining has grown from a 15-person company in Timmins to a team of more than 150. We will continue to expand abroad. We hope to launch operations in Nevada and Alaska soon, followed by Mexico and Chile. With commodity prices skyrocketing, juniors are developing projects that were previously unviable, and demand for our services is strong. Hancon Mining’s competitive advantage is that we can bring our Canadian workers anywhere in the world to fulfill contracts with high standards at a competitive price.