A feasibility study on the former producing Lady Blue mine located south of Kirkland Lake, Ont., is being performed by Silver Bar Mines of North Bay, President R. A. Gilson reports.
The Lady Blue mine is a former copper-gold-silver producer and Mr Gilson reports estimated reserves of 7.5 million tons averaging between 1.77% and more than 20% copper, with low values of gold and silver.
To the east of Lady Blue mine, the company is undertaking a drilling program on its Golden Lady gold prospect.
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