DIAMOND-COBALT-SILVER & NICKEL PLAYS HEATING UP IN THE COBALT CAMP
by R.A. Gilson April 23, 2002
With SMC's 400 ton per day custom mill already in place and ready for custom milling; Polymet's refinery already for silver & gold refining and Canmine's cobalt-nickel refinery up and running, things can only get better for the famed Cobalt Camp. And just recently, the Cobalt Camp came up with a new potential - diamonds!
There were three diamonds discovered on Cabo Mining Corp's(CEV-CDNX) optioned Lorrain Township, Cobalt area ground. These diamond chips, from much larger stones were discovered in a 22 kg. in place, surface sample taken from the Lorrain Twp. property. Cabo Corp. is presently diamond drilling the diamond potential of the Lorrain Twp. claims then will move the drill into Gillies Limit NP to test its silver-cobalt potential and then move the drill up into Bucke Twp. to test other silver-cobalt potential.
Consolidated Professor Mines Limited is looking for suitors for its Teledyne nickel-cobalt-silver mine in Bucke Township. New reports suggest diamond potential here as well.
Boston Creek Mines Limited is planning a bulk sampling program on its copper-gold-silver property early this summer. This property is located in Pacaud Township, Kirkland Lake area, also a potential diamond target.
Transpacific YTQ-CDNX) is another Company with gold and diamond potential in the Kirkland Lake Camp, as well as the Davidson Tisdale(YDD-CDNX) property in the Timmins Camp. Davidson Tisdale is scheduled for open-pit and underground gold mining this year- as early as this Spring!
These is mineral exploration going on from the James Bay Lowlands South to North Bay, Ontario with a host of Companies taking part which include Tres-Or Resources (TRS-CDNX), Rock Resources (RCK-CDNX), Temex Resources (YTM-CDNX) and Rhonda Corporation (RDM-CDNX) to name a few.
Diamonds, gold, silver and cobalt discoveries could be the Cobalt's area's saviour in the coming year. It truly would be a suitable gift for its 100th birthday celebration in 2003.
R.A. Gilson is the President of Outcrop Explorations Limited in Cobalt, Ontario and has affiliations with other companies mentioned in this article.
CANADIAN MINING NEWS