Work should begin this month on Argyle Ventures’ Tom Fox Lake gold prospect in Northern Ontario. The property falls under an option agreement with Kerr Addison Mines which can earn a 51% interest for an expenditure of $300,000.
The 132-claim property is situated approximately 30 miles southeast of Timmins. Visible gold was reported from two shallow exploration shafts completed on the property in the mid-1920s, notes Argyle president John H. Oliver.
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