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Cons PPM Development profiled on Rinvestor.net
Consolidated PPM Development Corp.
COMPANY OVERVIEW
Consolidated PPM Development Corp. is currently drilling a gold mineralization target on their Virginiatown, McGarry Township mineral property located in the Larder Lake Mining Division of Northeastern Ontario.
The property lies adjacent to and east of the Kerr-Addison Mine, along the prolific Larder Lake Break. The Kerr-Addison Mine was in operation from 1938 through 1988 and produced approximately 10,240,000 ounces of gold from 36,600,000 tons of ore.
Previous drilling on the Company's property (1937 through 1946) returned 0.08 oz/ton gold over a length of 18 metres (60 feet), but it is felt that this drill program may have approached just the top of potential important mineralization. The Company is presently drill testing this zone to depths of up to 1,500 feet.
Further, the Company is actively examining the property for its platinum group metal and diamond potential.
The full profile is available on Rinvestor.net at rinvestor.net
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