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Article: Investment in gold exploration heightens. (Special Report: Mining).
- Article from:
- Northern Ontario Business
- Article date:
- December 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 Laurentian Business Publishing, Inc. 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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Gold fever has struck the North. Mining companies from around the North are coming out of the woodwork and announcing the findings of gold deposits and the potential for future gold mines.
Recently, Sethu Raman, president of Hohner Gold Mines Ltd., announced the confirmation of approximately two million tonnes of gold-bearing ore within the city limits of Timmins.
"We have what I believe to be the richest unmined gold deposit in any mining camp in Canada right now," he says. "We have completed all the drilling for our project and we expect a report from an independent consulting group. I expect they will recommend us to go underground based on the ...