Tuesday, May 1, 2012

Plenty Of Gold Mines Predicted


The Ministry of Northern Development and Mines is predicting as many as eight new gold mines to operating in northwestern Ontario with the next four years.

Geologist Andreas Lichtblau says one of the could be Coventry Resources which is doing work at Cameron Lake near Nestor Falls.

Lichtblau foresees both the Rainy River Resources and Osisko Mining projects in the Rainy River District ready for production as well.