The Benefits
Exiro Minerals/Wintergreen Resources seeks to build a partnership with Union and Warren where, if exploration is successful and a deposit is discovered, a state of the art, sustainable and safe mineral operation can occur. This would not only create local jobs and opportunities for local businesses – it will also create an opportunity for millions of dollars a year in tax revenue payable to the two towns.
Mineral development requires local support through hiring local people, procuring from local businesses, and by paying taxes on these various activities. Tax revenues for the state and municipal governments include revenues through corporate income tax, property tax, fuel tax, and payroll tax. In addition, mineral exploration and mining companies are known for supporting community initiatives through sponsorship of local community organizations.
Should mineral exploration lead to the discovery of a new mine, local revenues would increase and towns with mining operations nearby tend to have higher quality facilities such as schools, hospitals, sports complexes, and community support for the less fortunate.
We want to invest in Warren and Union. And we want to work with you, transparently and collaboratively, to help realize the value that is there for everyone.
