ONTARIO – Strike Minerals of Toronto is dewatering the former Edwards gold mine near Wawa. The company said mobilization was 90% complete to date. Equipment has been delivered, the camp repaired, and electrical power restored.
Once it completes the dewatering to the 90 metre level, Strike is planning to extend that level to the northeast for approximately 305 metres to the property boundary. This drift will enable underground sampling and exploration drilling of the five mineralized zones that have been identified since Strike acquired the property in 2002. The drift will also allow the company to conduct drilling from underground to further delineate the new gold zones.
The Edwards mine was in production between 1996 and 2001 during which time 145,000 oz of gold was recovered. The ore had an average grade of 13.4 g/t Au. The underground mine was developed by ramp access.
More information and drilling results are available at www.StrikeMinerals.com.