Here is an article from today's Thunder Bay paper highlighting Major General's impressive new find in the Hemlo Camp. This discovery alone is worth the 28 cents Major is currently trading at. I can hardly wait until they start drilling.
Incidently, I am the same Brian Fowler they are refering to in the article. Mike Shuman, myself and thirteen other partners are involved in the property.
********************************************************
Promising deposits near Terrace Bay
BY CARL CLUTCHEY
NORTH SHORE BUREAU
There are no promises yet for a new mine, but government and private geologists are excited about some strong showings of copper and zinc near Terrace Bay.
"We're not jumping up and down and saying there's a mine there, but we've definitely keyed into something," Graham Gill, exploration manager for Vancouver-based Major General Resources Ltd., said Monday.
The preliminary findings at the Spider Lake property are based on hand stripped surface samples taken from the site this summer.
Spider Lake is about five kilometres north of Highway 17, roughly at the half-way point between the Hemlp gold camp and Inmet Mining Corp.'s existing zinc and copper operation near Schreiber.
The volcanic rocks that host the newly discovered "Starhill" zone are geologically similar to those hosting Inmet's Winston Lake deposit, says a Major General news release.
"It fits that model very well," said Gill.
Bernie Schnieders, resident geologist with the Ministry of Northern Development and Mines in Thunder Bay, said the showings are impressive, but more exploratory work needs to be done.
"It's a strong surface showing," said Schnieders, who visited the site three weeks ago. "There's smoke here and now we've got to find out if there's any fire."
That means more intense geological work such as mapping and drilling before anyone can say there's an ore body worth mining.
Gill said his company was first attracted to the area because it was looking for gold, but now says the property likely has the most potential for copper and zinc.
A month's worth of drilling could cost in the neighbourhood of $200,000. Gill said he can't guarantee that will happen this summer.
The property was staked by Marathon prospectors Brian Fowler and Mike Shuman, who will benefit financially through royalties if exploration there can ever pinpoint an ore body
Schnieders said the area eyed by Major General has been known to be a hot bed for base metals since the 1950s. |
