Post by
dellsvigor on Oct 20, 2015 3:51am
LSG's plan with FennGibb and surrounding area. Expansion?
With Temex's Fenngibb now acquired by Lake shore, It is interesting to speculate on what is going to happen in this heavily sought after area in the destor porcupine fault zone. Fenn Gibb is located in the top left quadrant in the Guilbord Zone. https://www.monetaporcupine.com/i/maps/destorporcupinefaultzone.pdf Moneta (T.ME) and St. Andrews Gold (T.SAS) and several other larger corporations surround the area. It is be I wonder if LSG is looking to still expand within the zone, or if they were merely looking to get a presence into the area. None the less, Moneta has doubled in the last month, and something is shaping up there, and SAS has released solid gold production figures and interest im sure is growing. https://www.sasgoldmines.com/s/RegionalGeology.asp?ReportID=358778
Comment by
shawk on Oct 20, 2015 6:38am
Huh? Lakeshore did not acquire the Fenn Gib from Temex. They bought it from Barrick some time ago!