A length of 511 ft of drifting on the main zone at the Magnacon joint-venture project has averaged 0.425 oz gold per ton over 6.8 ft, the president of Muscocho Explorations, J. T. Flanagan, reports. More than 80% of the drifting on the main zone has been in ore.
The Magnacon project is located in the Mishibishu Lake area of northern Ontario, 40 miles west of Wawa. Partial results on the south zone have revealed grades averaging 0.24 oz over 6.6 ft along a length of 107 ft. Assays on a further 136 ft are awaited.
Muscocho is the manager of the project and holds a 25% interest. Flanagan McAdam Resources has a 50% interest, while Windarra Minerals holds the remaining 25%.
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