Hemlo North, North-Central Ontario

• Kaminak Gold Corporation owns 100% of the 525 claims (21,000 acres) Hemlo North property which covers gold targets in the Archean Hemlo Greenstone Belt of Ontario.
   
• Kaminak’s Hemlo North property is located directly north of the current Hemlo mine leases and patented claims owned by Teck Cominco Limited, Barrick Gold Corporation and Newmont Mining Corporation.
   
• The Hemlo gold camp represents one of the most prolific gold camps in Canada and has remained in continuous production since 1985.
   
• Kaminak’s exploration rationale at Hemlo is based on a structurally controlled “shear-zone model.” 
   
• Examination of publicly available geological reports and digital geophysical databases by Kaminak and consultant GeoVector Management Inc. strongly indicate the Hemlo deposits are related to a west-northwest trending shear zone. Further evidence suggests the presence of stacked or parallel shear zones north of this main ore trend.
   
• Kaminak’s technical team believes that there has been a lack of exploration directed towards shear zones models at Hemlo, thereby creating a new exploration opportunity in this district.
   
• 2007 Exploration Plans 
  • Kaminak is planning an initial field program this summer consisting of geological and structural mapping and prospecting designed to ground-truth inferred structural targets.  This may be supplemented by soil geochemical surveys and ground geophysics. The goal of this program is to identify drill targets by this coming winter.

Updated news on Hemlo North