Risk of Expansion

The wells that Goldenkey has proposed to drill are exploratory. Should these wells produce at sufficient rates, Goldenkey's next step would be to optimize production. This could lead to the addition of more wells, pipelines to convey fluids, larger processing and storage facilities (batteries) and an overall increase in truck traffic, odors, pollutants, noise, sterilized land etc.

Goldenkey’s mineral rights include 23 square kilometers within the city limits and if production proves viable, their goal will be to produce from all 23 square kilometers to its full extent. Areas of Lethbridge that reside above these mineral rights include RiverStone, Paradise Canyon and the river valley, part of Varsity Village, Mountain Heights, Sunridge, part of Copperwood and farmland designated at future residential areas of Lethbridge.

Golden key mineral rights map