Risk and valuation analysis of the Timmins - Whitney Township Project |
Status Risk : Early discovery |
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Title(s) of the Timmins - Whitney Township Project |
| VanEck Vectors Global Alternative Energy ETF Interest: 70% |
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Title | Company Profile | All Projects | Company website | Company project page |
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| VanEck Vectors Global Alternative Energy ETF Option: 60% |
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Title | Company Profile | All Projects | Company website | Company project page |
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In May 2005, Temex signed an Option/Joint Venture
agreement with the Porcupine Joint Venture (the “PJV”,
a joint venture between Goldcorp Inc. and Kinross Gold
Corporation) granting Temex the option to acquire a 60%
interest in the Whitney Township |
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Location of the Timmins - Whitney Township Project |
The Property is located 3 kilometres on geological trend to the west of the Pamour Mine.
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History of the Timmins - Whitney Township Project |
The Property includes the past producing Broulan Reef
(1915-1965), Hugh Pam (1926, 1948-1965) and Bonwhit
(1951-1954) gold mines.
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Geology of the Timmins - Whitney Township Project |
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Mesothermal gold associated with several styles of veins/structures at or near the contacts of Timiskaming-type sediments with altered mafic volcanics and along contact of mafic and ultramafic rocks.
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