Inco earmarks $10 million for Wilanour work

Inco Gold, the wholly-owned affiliate of Inco Ltd. (TSE), is planning an $8-$10-million underground exploration program on the Wilanour gold property near Red Lake, Ont. Inco Gold is the operator of the Wilanour partnership. Other partners include Pronto Explorations (TSE) holding 12.5% and Wilanour Rresources (TSE) with 30%. The remaining interest in held by Robert Fasken, an officer of Wilanour.

The program will test four mineralized zones, having the potential to host more than one million tons of reserves grading 0.25 oz gold per ton. Pronto and Wilanour are awaiting the receipt of Inco’s final work program before making a decision as to their participation.