T&H Resources (TSE) says its Damoti Lake property in the Northwest Territories has been brought to lease.
Limited sampling on the shore of Damoti Lake proved disappointing. However, geophysical work and drilling this winter will further test the targeted iron formation.
On the Noyon Twp. property east of Casa-Berardi, operator Cyprus Canada has outlined 18.2 million tonnes of 1.48 grams gold per tonne. Partners T&H with 30% and Northway Explorations (TSE) with 10% expect drilling to resume in 1994.
On the Labrish Lake diamond property, 18 targets have been identified.
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