EXPLORATION ROUNDUP — ITL drilling Red Lake project

Drills are turning at the Durham-McEwen property near Red Lake, Ont., immediately east of the area’s two producing mines.

ITL Capital (ICL-V) is earning a half interest from Rupert Resources (RUP-V) on the 2.5-sq.-km property, situated immediately east of the Red Lake mine of Goldcorp (G-T). Recent work at Red Lake has identified additional reserves at a depth of 1,300-1,500 metres, down-plunge from the Campbell mine of Placer Dome (PDG-T).

ITL is drilling a vertical hole to similar depths on the Durham-McEwen ground, and will wedge off at least two more holes from the same collar.

At the nearby Lennie property, northeast of the Campbell and Red Lake mines, Tri Lateral Investments (TRII-C) is working to earn a 100% interest.

Results from 11 drill holes, which intersected quartz veins with arsenopyrite and green mica, returned up to 4.1 grams gold per tonne (0.12 oz. per ton), and a second phase of drilling is planned.

First Point Capital (FPO-A) has taken an option on claims in Heyson Twp., southwest of Red Lake, from East West Resource (EWR-V). Lake and stream-sediment surveys indicate two areas of interest.