Hemlo Gold Mines (TSE) has drilled 0.5 oz. gold per ton over 12.5 ft. on the White River project near Ontario’s Hemlo camp.
The company is earning a half interest in the project. Partners Akiko Gold Resources (VSE) and Gold Giant Minerals (VSE) each will retain 25%. The first phase of drilling consisted of six holes totaling 2,624 ft. It was done to test a section of the Sugar zone which has a known strike length of 11,152 ft.
A second-phase will follow surface stripping, mapping, and geophysical and geochemical surveys.
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