Findore Minerals has optioned several well-located claims in Garrison Twp., Ont., to Vancouver-listed Morgain Minerals and Orcana Resources. Findore traded at 35 cents . The Findore ground covers the extension of geology striking from the T & H/Jonpol project where strong gold values have been encountered. Findore says a drill program is expected to begin on its properties this month.
Drilling is also under way on the German Twp., Ont., property held by Card Lake Resources. Located adjacent to the shutdown Aquarius gold mine east of Timmins, the Card Lake property protects several gold targets. The best comes from an overburden drill hole which cut 3 ft of bedrock grading 0.23 oz gold per ton. The issue was better at 40 cents .
Newfield Mines finally reacted to the takeover offer being made by tse-listed Jonpol Explorations. Jonpol is offering one share for each share of Newfield. Jonpol continued around $1.80-1.90 — the price Newfield moved up to.
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