RE:genm neighbour “Hemlo Explorers has moved its Pic Project to a point where it was ready to option to
a major,” said company CEO Brian Howlett in a statement. “We believe that we have
the best possible partner to complete this program. We are excited to work with Barrick in bringing this project forward.”
Over the years, Hemlo Explorers has staked and acquired about 380 square
kilometres of exploration property in the Hemlo and Schreiber area.
The company said the focus of this year’s field exploration season is an area dubbed Project Idaho, located three kilometres to the east of where Generation Mining wants to build an open-pit palladium and copper mine. Hemlo Explorers believes this 1,385-hectares bears the geological similarities to Gen Mining’s Marathon project.
.................this is a big wild card in my view. If drill results are favourable genm could very well be involved at some point. Numerous scenarios could develop if Hemlo Explorers/Barrick find something worthwhile. And genm would certainly benefit.