25 25 Page 24 4600 hectares Gold was frst discovered on the W ire Lake Property in 1986 and the proper ty was explore d by junior companies until 1993 Since that time the prop erty had been dormant pending the outcome of litigation which has now been resolved The company s exploration program on the property in the fall was the frst in over 20 years Previous work identifed a gold bearing zone the W ire Lake Gold Zone over a 2300 metre strike length that remains open in both direc tions and to depth Mineralized zones contain ing anomalous gold range in thickness from a few metres to in excess of 50 metres in width and with few exceptions the historic drilling has tested the main W ire Lake Gold Zone to a depth of less than 150 me tres T o date only approximately 15 of the property has been system atically ex plored During the fall of 2016 Ore bodies com pleted an air borne detailed MagVLF geo Contd from pg 22 Fi r s t c ho i c e f or t h e m in in g in d u s tr y W eir Minerals is a world leader in the design and manufacture of slur ry pumps mill liner s h ydrocyclones slur ry valves mining hose crusher s screens screen media and rubber lining products for the mining and minerals processing industries Our reputation is based on engineering excellence applied to inno vati ve customer focused solutions to reduce your total cost of owner ship M i n e ral s w w w m in e r a l s w e ir Visit W eir Miner als booth R68 in Ar ena 2 T emisk aming S hor es C obalt La t chf or d T emagami M a tachew an C har lt on Englehar t E lk Lak e Ir o quois F alls R amor e G o gama S hining T r ee Onaping F alls V alle y E ast W ar r en F abr e T emisc aming S tur geon F alls A lban E spanola R apideS ept W innew a y C allander M at t a wa D eep R iv er A mos V al Dor M alar tic La S ar r e S ain tG er ar dD eB er r y T immins C o chr ane Sudbur y K ir k land Lak e N or th B a y R ouynN or anda M a theson 30 minut es 90 minut es 60 minut es 150000 ppl 35000 ppl 25000 ppl C all J ames F r anks a t 705 6723363 e x t 4137 or email jfr ankst emisk amingshor es c a f or mor e inf or ma tion www t emisk amingshor es c a MINING RET AIL C ONSTRUC TION A GRICUL TURE MANUF A C TURING Y our C en tr e f or G r o wth in N or theast ern O n tario A cc essible D ir ec tly adjac en t t o Highw a y 11 NE On tar io s pr imar y tr ansp or ta tion ar t er y S table C en tr ally lo c a t ed in one of N or ther n On tar io s most div ersifed and stable ec onomic r egions A ff or dable F ully ser vic ed lots fr om 20000 p er acr e with fe xible pur chase t er ms S er vic ed L ots W a t er sanitar y sew er 3 phase h y dr o na tur al gas and fbr e t elec om lines alr ead y in plac e S iz e r ange F r om 1 t o 20 A cr es A designa tion as an In v estmen t R ead y C er tifed S it e is subjec t t o the r equir emen ts and limita tions of the In v estmen t R ead y C er tifed S it e P r o gr am www In v estInOn tar io c omC er tifedS it e D ymond Industr ial P ar k H a wn D r iv e E ast and W est physical survey over the W ire Lake Property fying approximat ely 620 line kilometres Results from the survey were com bined with those from the fall recon naissance prospecting program to generate drill tar gets within and out side of the areas of known gold min eralization The company s other key asset is its 100 interest in the Belcher Islands Iron Project which covers 23042 hectares locate d on the Belcher Is lands in Nunavut Canada The proj ect consists of 1226 hectares of Inuit Owned Land and 29 claims covering 21816 hectares of Municipal Land The Belcher Project is host to the Haig Inlet Deposit which has an Indi cated resource of 230 million tonnes at 3517 iron and an additi onal In ferred resource of 289 million tonnes at 3547 iron Due to weakness in the iron ore mar ket the company elected to reduce all unnecessary costs associated with the Belcher Project until conditions be come more favourable T o that end it successfully reduced carrying costs to the bare minim um and is able to hold the deposit in good standing for the next several years The company is closely monitor ing the iron ore market and will seek the best opportunity to monetize the Belcher Project Also the company holds a 05 NSR on the McKinnonHawkins Gold Project operated by Sunvest Miner als Corp which comprises 96 claim units totalling an area of 1536 hect ares over a historic gold zone stretch ing over 3 km Only 15 per cent of Canadian Or ebodies land explor ed to date HEMLO REPOR T Page 25 Fi r s t c ho i c e f or t h e m in in g in d u s tr y W eir Minerals is a world leader in the design and manufacture of slur ry pumps mill liner s h ydrocyclones slur ry valves mining hose crusher s screens screen media and rubber lining products for the mining and minerals processing industries Our reputation is based on engineering excellence applied to inno vati ve customer focused solutions to reduce your total cost of owner ship M i n e ral s w w w m in e r a l s w e ir Visit W eir Miner als booth R68 in Ar ena 2