Perrons put Clenor into new company

The Perron brothers from Kirkland Lake, Ont., say they plan to fund exploration of the Clenor property near Temagami, Ont., through Gwen Resources (ASE).

Gwen President Alex Perron says he plans to take a 4,000-ton bulk sample from the property and ship it 85 miles to be milled at Deak Resources’ mill facility at Virginiatown, Ont.

The property, consisting of four patented claims in Strathy Twp. staked by the Perrons’ grandfather in 1936, hosts a known gold deposit. Strathy Twp. was recently reopened for staking by the Ontario government after being closed for more than a decade.

The property was developed with a 500-ft. shaft and 2,500 ft. of lateral work in the 1930s, according to a property examination report by Sherritt Gordon Mines in 1983. By 1938 a mill was ordered from England, but the ship transporting it was sunk by a German U-boat “and so for the lack of insurance, was the mining venture.”

The Sherritt report described the deposit as consisting of gold-bearing quartz veins of minable width. One vein carrying 0.34 oz. gold per ton at surface was drifted into at the 175-ft. and 325-ft. levels.

The Sherritt report says “it seems not unreasonable to envision a deposit totalling 500,000 tons at a grade of 0.2 oz. gold per ton.”