The Timmins camp of northern Ontario continues to serve as an exploration focus for East West Resource (VSE) and associated company Cross Lake Minerals (VSE).
Cross Lake has a joint venture with Noranda Exploration on the Fox-Stimson base metal prospect in Fox, Stimson and Mortimer twps., with each company contributing on a 50-50 basis to exploration costs.
The 321 claims surround the original 23 claims held by Cross Lake. (The original claims are being explored by Noranda under a separate agreement.) The projects are about 45 miles northeast of the Kidd Creek
zinc-copper-silver mine which has been producing since 1966. More than 20 airborne electro-magnetic conductor targets are on the Fox-Stimson claims. Exploration will involve geophysics, followed by drilling.
Recent prospecting on the Timmins Twp. property, east of Timmins, revealed a sericite schist zone, and an associated silicified-pyritized zone 150-200 metres wide. The felsic (rhyolite) rocks on the property display sodium depletion anomalies. Geophysical work is planned, following the extension of the zones.
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