Power Explorations intends to conduct additional exploration on ground held by Jaeger Resources in the Opapimiskan Lake area of northwestern Ontario. The 99- claim property is shared equally by the two companies.
The exploration work will include detailed ground geophysical surveys and 4,000 ft of diamond drilling which will test a folded iron formation unit. Approximately 15 miles west of the Jaeger property, the same iron formation unit hosts two gold deposits, the Musselwhite and Snoppy Lake, which are being explored by a consortium of companies headed by Dome Mines.
Power says the proposed program will begin, pending successful completion of financing, this spring.
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