From projects all across Canada, CMJ has been bombarded with press releases from companies with high hopes for their individual exploration efforts. Here is a sampling:
APOLLO GOLD has some promising drill core intercepts from its Black Fox project near Timmins, Ont. The latest results from 32 shallow holes include 9.5 m at 18.87 g/t Au in hole No.85, 3.3 m of 39.69 g/t Au in hole No.97, and 8.8 m of 22.92 g/t in hole No.109. Drilling continues to outline new ore shoots along a strike length of 305 m. More information is available from Dave Young, VP of corporate development, 720-886-9656 ext. 55.
QUEENSTON MINING has begun drilling at the Lake Abitibi gold project, 80 km north of Kirkland Lake, Ont. The program will target eight gold anomalies that were outlined by a lake-bottom sediment geochemical survey completed last winter. Queenston is also testing the nearby Anoki South and North Break gold discoveries, and the Pandora project in Quebec. Contact Charles E. Page, president and CEO, at 416-364-0001 ext. 224.
Near Thunder Bay, Ont., CANPLATS RESOURCES has begun drilling at its wholly-owned Geikie property, about 45 km from North American Palladium's Lac des Iles PGM mine. Canplats plans hopes to encounter an intrusive underlying the Nipigon diabase sill. It is also testing a remobilized PGM zone enclosed in Archean metavolcanics. Contact Canplats president and CEO Gordon Davis at 604-484-8220 for the results.
RUBICON MINERALS owns the McFinley gold project near the heart of the Red Lake gold camp in northern Ontario. It already contains an inferred mineral resource of 334,007 in-situ tons grading 0.20 opt Au down to 400 ft below surface. Rubicon has begun Phase II drilling on the recently-discovered MAC-1 zone. Gold mineralization is hosted by mafic volcanics adjacent to an ultramafic unit. All holes drilled in the MAC-1 zone so far have intersected gold mineralization. Details are available toll-free at 866-365-4706 from David W. Adamson, president and CEO, or Bill Cavalluzzo, VP investor relations.
FLAG RESOURCES is drilling for the source of nickel-copper-gold mineralization on its Cobalt Hill property near Sudbury, Ont. The company has targeted an unexplored linear zone 100 ft east of a previous hole at the southern tip of Jess Lake. Several studies done in 2001 and 2002 confirmed that the hypersaline fluids which precipitated nickel-copper sulphides and gold at Cobalt Hill were similar to fluids that mobilized similar sulphides at the Sudbury Igneous Complex. Flag president Murdo C. McLeod can be reached toll free at 888-531-7798.
The Red Lake-Birch Uchi Belt in Ontario is the scene of activity on FRONTEER DEVELOPMENT GROUP's properties this summer. A six-week field program is planned to start later this month on the Balmer and Sandy Point properties (both optioned to PLACER DOME). Mapping, prospecting and soil sampling will follow up on the 2,276-line-km survey flown recently by FUGRO AIRBORNE SURVEYS. Recent drilling on the Mink and Swain-Sol d'Or properties (optioned to RED LAKE RESOURCES) confirmed gold mineralization and returned intercepts as high as 55.9 g/t Au over 0.50 m, 23.54 g/t over 1.0 m, 6.74 g/t over 1.0 m, and 1.91 g/t over 6.0 m. Follow-up drilling is planned. Fugro has also flown 945 line km over Fronteer's Dixie Lake property, and targets are being evaluated. If all this were not enough to keep Fronteer on its toes, it is also involved in programs in the Central Mineral Belt in Labrador and the Bear Province of the Northwest Territories. Check out its web site at www.fronteergroup.com.
The drills are turning again on WALLBRIDGE MINING's Windy Lake base metal prospect near Sudbury. The new step-out hole is oriented from a pair of earlier holes that intersected nickel-copper mineralization within an embayment under the lake. The company looks forward to a busy summer and fall with drilling underway at Windy Lake, Milnet, Ben Nevis, Manchester and Worthington properties. Find out more from Alar Soever, president at 705-682-9297.
CANCOR MINES has launched a drilling program on its Kistabiche base metal property near Abitibi, Que. The property contains the Explo-Zinc deposits with a geological resource estimated at 1.06 million tons grading 7.13% Zn, 0.69% Cu and 1.0 opt Ag. A strong and unexplained mega-TEM anomaly will also be investigated. Cancor is earning a 50% interest in the property from SOQUEM. For further information call president Kamil Khobzi at 514-849-3013.
MIRABEL RESOURCES has concluded an agreement to earn a 100% interest in the Denain property 60 km east of Val d'Or, Que. The property covers two narrow vein structures, the Venpar and Vauquelin. The South zone is the most encouraging, with results of up to 29.6 g/t Au over 1.7 m. According to Mirabel, this acquisition is the direct result of new objectives resulting from a strategic alliance between it and ROCMEC INTERNATIONAL. Mirabel also announced that it will not proceed with the Lac Fortune West project. More details are available by writing to info@ressourcesmirabel.com.
At the Portage property in Quebec's Otish Mountains, MAJESCOR RESOURCES continues its search for kimberlites. Earlier this year it failed to intersect any kimberlite mineralization, but did gain a better understanding of the glacial movement and indicator dispersal in the area. The company is also seeking diamonds at the Wellington property on Victoria Island, B.C. Call executive VP of investor relations Andre Audet at 613-241-2332.
STRATECO RESOURCES has completed 6,222 m of a 10,000-m drill program on its Discovery project near Level-sur-Quvillon, Que. Strateco can earn a 50% interest in the property owned by CAMPBELL RESOURCES. The current program is aimed at delineating gold-bearing mineralization in the East and West lenses so that a new resources estimate may be made in the fall of 2003. And exploration has begun on the Cameron gold project adjacent to the Discovery zone. Strateco president and CEO Guy Hebert can answer questions. Contact him at 340-641-0775.
WOLFDEN RESOURCES has completed its due diligence and will proceed with the Bachelor Lake joint venture near Abitibi, Que. Due diligence consisted of an assessment of the mine and mill facility, which were noted to remain in very good condition. Check sampling and assaying was performed on selected intervals from deep drilling performed from the bottom level of the mine in 1990, which indicated that the Main vein is richer and wider at depth than in the upper levels mined during the mine's history. The Wolfden assaying confirms the wide, high-grade nature of the deposit at depth. Wolfden is earning a 50% interest from CAMPBELL RESOURCES, whose president Andre Y. Fortier can be reached at 514-875-9037. Or call Wolfden president Ewan Downie at 897-346-1668.
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