Skip to content

Holmer Gold Mines pushing ahead with exploration in Timmins (2/02)

Holmer Gold Mines Ltd. expects to commence drilling on its Bristol Township property this March in anticipation of moving forward with plans to begin an open pit-underground gold mine. The firm believes there are 2.

Holmer Gold Mines Ltd. expects to commence drilling on its Bristol Township property this March in anticipation of moving forward with plans to begin an open pit-underground gold mine. The firm believes there are 2.14 million tonnes of high-grade gold on its site on the west side of the Mattagami River within the City of Timmins. Preliminary exploration is expected to be finished by summer before a feasibility study begins this summer. Based on the study findings, optimistic company officials expect to make a decision on whether to advance the project by year's end.