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Orecap Invest Corp V.OCI

Alternate Symbol(s):  ORFDF

Orecap Invest Corp. is engaged in exploration, development and production of exploration and evaluation assets in Canada. Its projects include Mirado Project, McGarry Project, Knight Project, Grizzly Project and GSL Zinc Project. The Mirado gold project is located over 35 kilometers (km) southeast of the gold mining town of Kirkland Lake in northeastern Ontario. The focus of the Mirado Gold Project consists of 12 contiguous patented claims. The McGarry property is in Virginiatown, Ontario, within the Abitibi Greenstone Belt. The McGarry project encompasses 681 hectares and is comprised of 46 patented mining claims and five mining licenses. The Knight Project is located along highway 560 in the Knight and Tyrell townships of Ontario, approximately 80 km east of Gogama and over 100 km southwest of Kirkland Lake. The GSL Zinc Project is a 60,000-hectare property in Northwest Alberta. The Company also holds controlling interest in a Thierry Copper Mine located in Pickle Lake, Ontario.


TSXV:OCI - Post by User

Comment by Zoolooon Jun 19, 2021 11:48am
132 Views
Post# 33416675

RE:Miscellaneous

RE:MiscellaneousWell, things still seem a bit slow here, so I guess I will indulge myself with more odds and sods. As I said, at one time, in my distant youth Virginiatown had a very beautiful beach and on my reading of the Golden Candle 43-101 it appears to me that the Chesterville Mine (east of Kerr Addison and now part of Golden Candle's holdings) dumped tailings into the Eastern arm of Larder Lake with no containment whatsoever. These tailings silted over Virginiatown's once beautiful beach. It also appears to me (do your own research) that Golden Candle's present orebody (six million ounces) surrounds this eastern arm of Larder Lake and that further Golden Candle has some legacy rights to mine this material. I am not sure if these legacy rights extend to dumping tailings into Larder Lake which is, since it is quite a large lake, still largely uncontaminated. And as a testament to the one-time popularity of this beach I will tell this story: In the early 1960's it was said that the CIA was on Virginiatown's beach looking for people to participate in the upcomng invasion of Cuba (i.e. the Bay of Pigs invasion). A couple of chaps that were (allegedly) approached reported this to Kirkland Lake's newspaper the "Northern Daily News" who published it. The thinking of these chaps apparently was that this should be exposed lest some foolish person would take the CIA up on this offer.
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