An intersection of sulphide mineralization has been encountered by Noranda Exploration at a property near Timmins, Ont.
The discovery was made on a 26-claim block in Wilkie Twp., 70 km east of that city, report joint owners Glen Auden Resources (TSE) and Cross Lake Minerals (VSE).
Noranda may earn a 70% interest in the property by making cash payments and performing at least $200,000 worth of exploration.
The hole was drilled to a depth of about 264 metres to test a 300-metre-long finite, ground electromagnetic anomaly that coincides with a mafic-felsic volcanic contact adjacent to the North Destor Porcupine Fault zone.
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