Work commitments are in place for three British Columbia properties under option from Orvana Minerals (VSE).
Placer Dome (TSE), which is earning a 70% interest in the Motherlode and Thimble Mountain projects in the Greenwood area of British Columbia, recently allocated $110,000 for detailed geological, geophysical and geochemical programs.
Previous work on the two projects outlined large gold-copper mineralized skarn systems and the planned work is designed to identify specific targets for drilling programs later this year.
Placer must fund each project to the start of construction to retain the interest.
At its Madhat copper-gold property on Vancouver Island, Reynolds Metals (NYSE) plans to conduct a $150,000 drilling program as part of a deal to earn a 50% interest in the project.
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