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Multi-Metal Company Exploiting Prominent Ontario Regions

Significant new gold discovery on surface at Loveland (11.48 g\t gold) over 400 meters away from the only other known gold zone (6.37 g/t over 8.55 m & 10.39 g/t over 3.1 m)

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Message: Re: good point - Davisbay

Mar 18, 2009 06:36AM

Tough to speculate on on the economic impact, of the new gold discoveries. The grades sound good. If they prove to be economical. If gold becomes the primary asset at Loveland, we will all be smiling. Lovelands nickel / copper assets, look very good also, but I believe a good gold resource would put this property into production a lot faster. Today's economics have closed a lot of mines. When the world economies recover, some will reopen and some will not. Loveland has the many competitive advantages. Location, proven resources, veteran management, and now gold. The spring assays will give us a better picture of the potential of the Loveland property.

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