Temex Resources Corp. has found additional high-grade gold intersections at vertical depths of less than 70 metres from surface on the Upper Hallnor area of the Whitney Project in Timmins.
These results continue to expand the mineralization with very high grades over impressive widths clearly demonstrating the outstanding potential of the several near-surface targets being tested for early start-up production opportunities.
The Upper Hallnor Mine area represents a highly prospective high-grade gold deposit, which the company is evaluating for accelerated, near surface gold production.
The Hallnor Gold Mine was the highest grade past producing mine in the Timmins gold camp yielding 1.7 million ounces of gold at an average grade of 13.7 g/t gold.
The recent are from a series of holes drilled as part of an ongoing diamond-drilling program, which commenced in November 2012. The program's objectives include targeted expansion of several near-surface, high-grade gold targets that will allow for an accelerated production profile.
“We are extremely pleased with the results from this drilling campaign,” said Ian Campbell, president and CEO. “The results continue to bolster our confidence in the project. With a strong balance sheet and a focused management team, we are well positioned to expeditiously advance this high grade gold project.”
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