EXPLORATION ’87 GOLD FIELDS

Consolidated Gold Fields of London, England, conducts exploration in North America via two wholly- owned subsidiaries — Gold Fields Canadian Mining in Canada and Gold Fields Mining Corp. in the U.S. The Gold Fields group has earned a reputation for sound and aggressive exploration that ranges from grassroots programs to the acquisition of reserves in the ground. A blend of traditional and innovative techniques tailored to each target is commonly applied. But, as a matter of policy, drilling is emphasized at an early stage.

The Canadian arm of the group has recently established a regional office in Timmins, Ont. Wayne Ewert, regional manager, is responsible for exploration activities from this office. Exploration is now concentrated in eastern Canada, but a number of interesting properties in British Columbia are also being considered. The Canadian programs are run by Derek Bartlett, manager of Canadian exploration. Chet Idziszek is manager of new projects.

During the past decade the Gold Fields group has mounted a successful precious metal exploration effort in North America. Most of that effort has been spent in the U.S. where four significant discoveries have been made.

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