a bit of history for those interestedinteresting comments about the sale
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Michael Griffiths, Currie’s President and CEO, commented;
“Scadding has been stalled for a number of years due to a lack of expenditure. MacDonald Mines bring new energy and cash to reinvigorate exploration to advance the project towards development. We have retained our cash payment on commercial production and re-visited the Royalty providing potential for more cash up front, leverage to the success of MacDonald Mines as a shareholder plus significant expenditure commitments over the next 3 years.”
About Scadding
The Scadding Mine site is located in Scadding Township near the Wanapitei – Ashigami Lakes district near Sudbury, Ontario. The site was initially mined by Northgate Exploration in the mid-80's and produced approximately 30,000 ounces. Mining operations by Northgate were ceased due to low gold prices and the property has seen bouts of sporadic exploration since. Currie considers that opportunity exists to expand on the mine’s footprint and bring the project back into production.
Link to past work and adjoining properties- not much follow up until Macdonald found interest
From geology ontario....acessible by all:
https://www.geologyontario.mndmf.gov.on.ca/mndmfiles/afri/data/imaging/41I10NE0095/41I10NE0095.pdf