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Abstract
"The launch of West Timmins Mining today is exciting and we plan to move quickly forward with our gold exploration activities in Timmins, Ontario and in Mexico," said [Darin W. Wagner], President of West Timmins Mining. "This summer we raised $5 million and intend to have drills turning on our West Timmins and Montana de Oro projects within the next few weeks."
West Timmins Mining is the newest merger to be completed in the gold sector and the Company controls several large, district-scale exploration projects. It is the largest landholder in the new West Timmins Gold district and also controls the 99 square kilometre Montana de Oro project with 13 multi-gram gold occurrences at surface.
The Timmins Gold Camp has seen 70 million ounces of historic production and reserves since the first mine opened more than 90 years ago, making it North America's largest gold camp. New scientific data from the Ontario Government's "Discover Abitibi" project has confirmed that the West Timmins camp is underlain with the same geology as the main camp. The Timmins West gold discovery in 2004 heralded the establishment of the western extension to this historic camp - the West Timmins District. West Timmins Mining's predecessor companies acquired 114 square kilometres, completely surrounding the new discovery.