Junior exploration company Silver Spruce Resources on Wednesday announced that it was interested in acquiring an advanced precious and base metal project in the Thunder Bay mining district of northern Ontario.
The 1 820 ha Melchett Lake zinc/gold/silver volcanogenic massive sulphide (VMS) project is located in a region where ther are other active exploration and mining project, including Copper Lake’s Marshall Lake VMS project, Premier Gold’s Hardrock-Greenstone gold mine and past-producing Anaconda-Dofasco iron-ore mine and the Skibi Lake and Stewart Lake iron prospects.