Wescap Enterprises says it has an agreement with Coulson Exploration for the latter to earn up to a 50% interest in a group of claims held by Wescap in Sandra, Irwin, Walters and Dorothea twps., near Beardmore, Ont.
Coulson will spend $500,000 over the next two years, to earn the interest. It has started an exploration program, to include geology, stripping and trenching, and drilling.
Wescap’s claims total about 12,000 acres, and are adjacent to and surrounding the recent gold discovery of Metalore Resources.
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