Announcement related to the mining sector - Mining infrastructure: A new initiative for northern projects

SEPT-ÎLES, QC, Sept. 5, 2025 /CNW/ - Maïté Blanchette Vézina, Minister of Natural Resources and Forests and Minister responsible for the Société du Plan Nord, is proud to announce the launch of the Enveloppe nordique d'infrastructures en appui au secteur minier (ENIAM). The Government of Québec, through the Société du Plan Nord, is investing $20.75 million to support strategic infrastructure projects that will benefit both the mining sector and communities in the northern territory.

Who can apply?

If you have a project aimed at the improvement or construction of strategic land transport or renewable energy infrastructure, you may be eligible to submit a funding application.

Additionally, to qualify for ENIAM support, an infrastructure project must:

• have a multi-user perspective;
• support the mining sector;
• benefit communities in the northern territory.

Projects can be submitted on an ongoing basis to the Société du Plan Nord. Full details on how to apply are available on the Financial Support for Infrastructure Projects in Support of the Mining Sector page of Québec.ca.

Cheechoo gold project in Eeyou Istchee Baie-James

Through this envelope, the Government of Québec is providing financial assistance of $600,000 to Sirios Resources Inc. for the improvement of the access road to the Cheechoo gold project in Eeyou Istchee Baie-James. The work aims to enhance the existing access road to allow year-round passage for vehicles and trucks in an area of interest for mining exploration. Sirios Resources will also invest $600,000 in the project, which accounts for half of the total funding needed, amounting to $1.2 million.

In addition to facilitating exploration activities for Sirios Resources Inc., the improvement of the access road will pave the way for new development projects in the Nord-du-Québec region. The work will positively impact workforce mobility and improve safety at the Cheechoo site. Moreover, the project will enhance access to the territory for the Cree community of Wemindji. Construction began in August 2025 and is expected to be completed in fall 2025.

Quotes:

"With this investment, our government reaffirms its commitment to creating the right conditions for the responsible development of the northern territory and Québec's mining sector. By supporting essential infrastructure, we are actively backing promising projects while generating lasting benefits north of the 49th parallel. This initiative strengthens the foundations necessary for the growth of Québec's critical and strategic mineral sector. Through this partnership, we are making tangible improvements to the infrastructure that supports the responsible exploration and development of our natural resources. This investment will enhance worker safety and mobility, and facilitate access to the territory for the Cree community of Wemindji."

Maïté Blanchette Vézina, Minister of Natural Resources and Forests and Minister responsible for the Société du Plan Nord

"As the minister responsible for the region, I am pleased that our government is backing a project that will have tangible benefits for our territory. This financial support will enable the proponent to advance their project further while improving accessibility in a strategic area for mining exploration. It's a promising initiative that will not only foster economic development but also ensure the safety local communities need."

Jean Boulet, Minister of Labour and Minister responsible for the Nord-du-Québec region

"This is a promising initiative for the Ungava riding. It will enhance improve to the area and encourage the development of new projects."

Denis Lamothe, MNA for Ungava

"Improving the access road is a significant advantage for the Cheechoo project. With the recent substantial growth in its gold resources, all the conditions are now in place to make this project a success for the region. On behalf of Sirios Resources Inc., I thank the Government of Québec for this decisive support in advancing Cheechoo towards responsible mining development that respects local communities and the environment."

Dominique Doucet, President of Sirios Resources Inc.

Highlight

• The Enveloppe nordique d'infrastructures en appui au secteur minier (ENIAM) is a financial tool designed to support strategic infrastructure projects that incorporate a multi-user perspective, to benefit the mining sector and communities in the northern territory.

About the Société du Plan Nord

The mission of the Société du Plan Nord is to contribute to the integrated and cohesive development of Québec's northern territory, with a focus on sustainable development. The Société du Plan Nord is the key player in the rollout of the Government of Québec's Northern Action Plan 2023-2028.

About Sirios Resources Inc.

Sirios Resources Inc. (TSX-V: SOI; OTCQB: SIREF) is a mineral exploration company based in Québec, committed to creating value for its shareholders and benefiting the local communities that host its projects.

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SOURCE Cabinet de la ministre des Ressources naturelles et des Forêts

Sources: William Cloutier, Media Relations Officer, Office of the Minister of Natural Resources and Forests and Minister responsible for the Société du Plan Nord, Tel. [phone]; Alice Trahan, Media Relations Officer, Office of the Minister of Labour and Minister responsible for the Nord-du-Québec region, Tel. [phone]; Miriam Audrey Lessard-Légaré, Political Advisor to the MNA for Ungava, Tel. [phone]; Information: Eric Duchesneau, Communications Advisor, Société du Plan Nord, Tel. [phone], ext. 66406