About mid-June, Camreco Inc. says it plans to get into top gear on a major drilling program on its gold properties near Dryden, Ont.
Earlier this year, Camreco arranged with MVP Exploration (1987) and Co. Ltd. Partnership for a $1,500,000 flow-through share issue to finance the drill program, but says major expenditures on the program can’t be incurred until MVP has closed its own drilling fund, expected to have been done by the end of last month.
Norontex Exploration of Dryden will be consulting geologists to Camreco, and in charge of the drill program.
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