OTCQX:BGMZF - Post by User
Post by
idleintruderon Sep 04, 2012 8:06am
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Post# 20313828
Deja Vu? Hemlo; BGM
Deja Vu? Hemlo; BGM The Hemlo property consists of David Bell, an underground mine, and Williams, an underground and open pit mine, located approximately 350 kilometres east of Thunder Bay in the Canadian Province of Ontario.
Ontario is the most populous of the Canadian provinces. It is located in the eastern part of the country. The city of Marathon lies 40 km west of the Hemlo area and it was founded as a railroad town. Nowadays it boasts a population of over 3,300 permanent residents and an economy based on forestry and gold mining.
First gold occurences were discovered in the Hemlo area in 1869. In the 1940s prospectors and trappers staked more gold occurences and then sold some of them to Dr. Jack K. Williams of Maryland (his name would be later on attributed to a Hemlo gold mine). In 1979 more claims were staked by local prospectors and an interested party optioned them; drilling and geological research were conducted by a geologist named David Bell who would also borrow his name to another Hemlo gold mine. Drilling soon discovered the main Hemlo deposit and a gold rush involving over 180 companies ensued. https://www.infomine.com/minesite/minesite.asp?site=hemlo