NORTHEAST ONTARIO – Toronto-based TEMEX RESOURCES has the support of Vancouver’s TECK COMINCO for the diamond hunt on its Wilson Lake and Latchford projects near Temagami. Teck Cominco has an option to earn an initial 55% interest in the project by spending $3 million over three years. It can earn another 10% by spending another $3 million over three more years. Temex has retained its right to explore the property for precious metals, which have been noted on the Latchford property.
Temex announced in October that it intended to focus on gold projects, particularly its Timmins gold project. Having Teck Cominco as a partner in diamond exploration means Temex properties with diamond potential will not be ignored. (Visit www.TemexCorp.com.)