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F E B R U A R Y / M A R C H 2 0 1 9
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orthern Ontario's Porcupine Mining
Camp would certainly rank among
the most resilient in the country. In
the early 1960s, the camp's future was in
doubt with major gold producers – includ
-
ing the prolific Hollinger and McIntyre
mines – coming to the end of their produc-
tive lives. Then, Texas Gulf Sulphur made
its huge Kidd Creek base metals discovery
which put the region on an even economic
keel for the next 50 years.
Kidd Creek is finally coming to the end
of its life and the rush is on to find sustain
-
able resources to keep Timmins going for
the next 50 years and perhaps into a second
century of commercial metal production.
Central Timmins Exploration Corp.
[CTEC-TSXV], which counts Goldcorp
[G-TSX; GG-NYSE] as one of its shareholders,
has a portfolio of mineral properties lying
exclusively within the Porcupine Mining
District. The properties are prospective for
gold as well as base metals and cover highly
prospective lithologies and structures.
Despite being located in the near vicinity
of one of the most important gold mining
camps in Canada, Central Timmins' hold
-
ings are clearly under-explored. Various
portions of the project area have been
explored sporadically since the early 1910s
but exploration was never comprehensive
enough to facilitate the discovery of any
economically viable mineral deposits.
On December 29, 2017, the com
-
pany acquired its Timmins Project from
Claim Post Resources [CPS-TSXV], now
Canadian Premium Sand Inc. Almost six
months later Central Timmins acquired
the Faymar property, contiguous to
the Timmins Project, from Goldstone
Resources Inc., a wholly-owned subsid
-
iary of Premier Gold Mines [PG-TSX].
The Timmins Project, including the
Faymar property, consists of 20 non-contig-
uous claim blocks including 53 unpatented
legacy claims, totallng 318 claim units; and
89 patented claims, covering a total of 7,886
ha, located in Deloro, Godfrey, Jamieson,
CENTRAL TIMMINS to explore heart of historic gold camp
by David Duval
Diamond drilling in the famous Timmins Mining
Camp in northeastern Ontario. Photo courtesy
Central Timmins Exploration Corp.
