Nexus Resource Corp. has been granted an option by Westmin Resources to earn a 50% interest in its Debbie property located six miles east of Port Alberni on Vancouver Island.
The property, which consists of 232 claim units, covers a favorable belt of volcanic rocks in the Sicker Group which hosts Westmin’s mines at Buttle Lake some 50 miles to the northwest. At least 5,000 ft of drilling is planned in the 1986 program which will cost $461,000. To earn its interest, Nexus must spend $950,000 by February, 1988.
Five specific areas have been targeted in the current program, most of which host gold anomalies.
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