Durango reviewing the potential acquisition of ground near Lake Shore Gold (TSX-LSG) and Goldcorp (TSX-G) Whitney gold project in Ontario
LSG announced on February 4, 2016, “Lakeshore Gold drills 12 metres of 29.42g/t Au at Whitney” and “the north volcanics consists of gold mineralization and quartz veining within altered volcanic rocks located approximately 430 metres west of the 110 zone and north of previously mined structures.”
What a difference between Quebec’s and Ontario’s attitudes to resource development!
“[Quebec] They see the plan as the government living up to its traditional role, which is to install infrastructure such a s roads, ports, power lines and airports.” – Drew Hasselback (Financial Post columnist):
There was a time, long ago, when Ontario did the same thing. However, the province’s sluggish approach to the infrastructure needs of the Ring of Fire is holding back the region’s enormous economic potential: