A 31-hole, 4,600-metre program will be completed on the Hislop Twp. property in northeastern Ontario this year, says Glimmer Resources (VSE).
The program, expected to cost $322,000, is designed to provide information on ore continuity, reserves and minability of the upper part of the property’s two known deposits.
Together, the deposits contain reserves of about one million tonnes grading 10.44 grams per tonne.
Glimmer plans to finance its 40% interest in the project through a private placement. Hemlo Gold Mines (TSE) holds the remaining 60%.
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