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ONTARIO PROJECTS


Building on it's rich mining heritage, Ontario has a bright future in the mineral sector. The province's favourable geology, comprised largely of the Precambrian Shield, has created a wealth of world-class mineral deposits. Ontario's gold and base metal deposits rank with the best in the world.

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Ontario is one of the world's leading mineral producers and is Canada's top metals producer. Over the past century Ontario has produced approximately 166 million ounces of gold, 1 billion ounces of silver, 10.8 million tons of nickel, 13.8 million tons of copper and 10.2 million tons of zinc. Metal production exceeds $ 5 billion annually. Home to the Hemlo gold mining camp, Ontario accounts for over one percent of the world's annual gold production. The lowest cost gold producer in the world - Goldcorp's Red Lake Mine - is found in one of Ontario's prolific greenstone belts. Ten percent of the world's nickel comes from north-central Ontario's Sudbury Basin. Vast regions of relatively unexplored high mineral potential still exist, creating blue-sky discovery opportunities for innovative explorers.

Favourable geology, easy access to capital markets in Toronto (the largest mine-financing in the world), comprehensive mining laws, extensive geoscience and technology bases, a skilled workforce and a highly developed mining service and support system all contribute to make Ontario one of the top ten places in the world for potential discovery.

01. Abitibi MegaTEM JV Project:
This Joint Venture with Falconbridge (65% ER/35% Falco) covers over 14,500 kms of the prolific Abitibi Greenstone Belt - one of the richest mineral belts in the world. State-of-the-art airborne technology developed by Falconbridge and Fugro has detected at least 225 top-priority geophysical anomalies that warrant drill-testing. Any one of these targets could become a "company maker".
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02. Abitibi Extension:
The Abitibi Extension Project comprises properties prospective for gold, base metals and diamonds covering the un-explored western extension of the prolific Abitibi Greenstone Belt. Airborne surveys flown by BHP confirmed that rocks of the $120-Billion metal-producing belt extend onto Eastmain ground. Eastmain is now the sole owner of this exclusive data. Dianor Resources Inc. has an option to explore the area.
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03. Akweskwa:
A stratabound pyritic horizon enriched in gold, silver and zinc, similar to ore-bearing rocks at the Hemlo and Bousquet mines, has been traced for over 3 km. Drilling intersected up to 18.5 gpt gold (0.54 oz) and 6.2 gpt silver.
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04. Kidd Project:
This Eastmain option covers base metal VMS claims 2.5 km east of Falconbridge's 160-million-tonne Kidd Creek Mine.
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