Holmer drill-tests ground near Timmins

Drilling is under way on two properties west of Timmins, Ont.

Holmer Gold Mines (HGM-A) is testing induced-polarization (IP) anomalies at its Thunder Creek gold property in Bristol Twp., 6 km north of Band-Ore Resources’ (BNDR-C) recent gold discovery in Thorneloe Twp. Earlier work at Thunder Creek outlined a preliminary resource of 400,000 tonnes grading 5.1 grams gold per tonne.

The IP anomalies lie along a 1,600-metre strike length that encloses the known mineralization. Holmer had previously dealt an option on the property to Band-Ore, but the agreement was never closed.

In the mean time, NovaWest Resources (NVE-V) (formerly International Homestead Resources) has started drilling at its Jo-Lynn project in Denton Twp., 10 km west of Band-Ore’s discovery. The targets on this property are also IP chargeability anomalies.

In addition, NovaWest has tied up a 6-sq.-km property in Price Twp., east of the Band-Ore discovery.

Print

Be the first to comment on "Holmer drill-tests ground near Timmins"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close