About 18.2 million tonnes grading 1.48 grams gold per tonne have been outlined at the Quebec joint venture of Northway Explorations (TSE) and T & H Resources (TSE).
The preliminary estimate was recorded by Cyprus Canada, which has an option to earn a 60% interest in the property, near Matagami. Cyprus acquired the option from Total Energold. Northway has a 70% interest; T & H, 30%. Northway President John Pollock says Cyprus is planning more drilling in 1994.
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