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Article: Goldex, Ormico announce mineral inventory and continued exploration. (Goldex Mines Ltd.., Ormico Explorations Ltd.)
- Article from:
- PR Newswire
- Article date:
- September 4, 1990
CopyrightCOPYRIGHT 1990 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GOLDEX, ORMICO ANNOUNCE MINERAL INVENTORY AND CONTINUED EXPLORATION
TORONTO, Sept. 4 /PRNewswire/ -- Goldex Mines Limited (NASDAQ: GDXMF) and Ormico Explorations Ltd. announced today the results of the recently completed exploration program on their joint venture property in Val d'Or, Quebec. Goldex is the operator and has a 60 percent interest in the joint venture. Ormico has a 40 percent participating interest in the joint venture.
An underground exploration program commenced in January 1990 and was completed in July 1990. The program has successfully extended the Goldex Extension Zone, discovered in 1989, from section 2 + 00 East to section 6 + ...