Mining and tourism – forging ahead
In the heart of the Boreal Forest, connected by wireless Internet, highway, rail, boat, and air: Dryden is built along the Trans-Canada Highway, linking our community with markets in Eastern and Western Canada, as well as south to the northern and central states of the United States of America. Dryden also serves as the corridor and regional hub to remote First Nation communities north of the 51st parallel—an underutilized market of more than 40 communities and approximately 35,000 in population.
The key role of the Dryden Development Corporation (DDC) is to facilitate investment and employment opportunities through affordable taxes, fees and well-established infrastructure and services. Building cooperative relationships with First Nations, neighbouring communities, local suppliers and attracting new businesses is a priority. The DDC believes developing local capacity to support and sustain exploration companies is necessary to achieve long-term sustainable development.
Treasury Metals Inc.
Treasury Metals Inc. (TSX: TML) is a Toronto-based gold exploration and development company focused on its northwestern Ontario mineral projects, including the 100 per cent company-owned Goliath Gold Project.
Treasury Metals Inc.’s flagship Goliath Gold Project is an advanced stage, high-grade gold deposit and is presently being permitted for mine development and undergoing a significant exploration program.
The project is located in an area with world-class infrastructure, situated near the community of Wabigoon and 20 kilometres east of the city of Dryden, Ontario, within the Eagle-Wabigoon-Manitou greenstone belt.
The Goliath Gold Project has an NI 43-101 compliant resource of 1.7 million ounces in the combined categories and is entering the mine feasibility stage. The company’s July 2012 preliminary economic assessment analyzed a combination of surface and underground mining methods at Goliath.
Treasury Metals is led by a strong management team composed of people with successful careers built on experience at publicly listed exploration and development companies and other resource-based industries.
“The project will bring significant benefits to the local area due to the number of direct and indirect jobs associated with bringing the project to production,” says Norm Bush, vice-president of Goliath. “The company philosophy is to design, construct, operate and maintain operations by [hiring] people from the local area and northwestern Ontario. We purchase as many goods and services locally as possible, assuming they are competitive from a quality, service and price perspective.”
“People are our strength and it is very important that our operation is a leader in safety and environmental performance,” Bush states. “We are committed to continue working to forge strong relationships and partnerships with our local communities, First Nations and the Métis Nation of Ontario. Everyone has a role to play in the success of the project.”
Further details are available at www.treasurymetals.com.
RES Equipment Sales
RES Equipment Sales is a global supplier of quality products and services to all sectors of the resource industry and is a business of focus for Dryden. The company supplies most types of underground mining equipment—including load-haul-dump, drilling and loading, service vehicles, rail-bound and trackless equipment, pneumatic and electric machinery—and provides custom design and fabrication, hydraulic component overhauls and powertrain rebuilds. In addition, RES Equipment is able to remanufacture or refurbish most mine-related equipment with a wide selection of parts and supplies for mine equipment maintenance and operations.
RES reported that the marked increase in exploration drilling in the area has accounted for a volume increase in parts sales of about 11 per cent since 2010. Assuming the exploration trend continues as forecasted, a similar increase over the next two years is anticipated. Additionally, RES is expecting major equipment sales to be more pronounced as some of the local early-stage mining operations move toward production.
For more information, visit http://www.resequip.com or call 1-807-221-4670.
Laurentian Goldfields’ Van Horne Gold Project is located eight kilometres southwest of Dryden and is situated within the emerging Wabigoon Subprovince, an area known to host several major gold deposits. The property hosts multiple targets along a greater-than-five-kilometres-long “Gold Trend”.
Laurentian completed a 10-hole, 2,500-metre diamond drill program at the bulk-tonnage Flambeau Zone that included highlights of 0.73 g/t Au over 33 metres and 1.34 g/t Au over 11.6 metres. Subsequently, Laurentian Goldfields developed a conceptual geological model for the Flambeau Zone which envisions a prospective bulk-tonnage near surface exploration target requiring further follow-up drilling. In addition, the property is host to several drill-ready high-grade gold targets. In 2012, Laurentian completed a property-wide campaign of detailed structural mapping and rock sampling to better understand the controls on mineralization and constrain the location and style of high-grade gold mineralization at surface. A total of 85 channel and grab samples were collected, highlighted by results of 80.5 g/t Au over 0.30 metres, 24.8 g/t Au over 0.15 metres and 21.3 g/t Au over 0.20 metres at the Lost League Zone, and 7.93 g/t Au over 0.20 metres at the Bonanza Zone.
Prevailing weak capital markets have restricted Laurentian’s ability to advance both the bulk-tonnage and high-grade targets at Van Horne, and accordingly the company has begun to explore strategic partnerships as a means to advance the property. With Van Horne’s excellent access to infrastructure, size potential and several drill-ready targets, all situated in an area known to host several major gold deposits, Laurentian is determined to source the right partner to move the property forward. The DDC continues to support the project on behalf of the City of Dryden.
At the heart of Dryden’s thriving and vibrant community are over one hundred local volunteer clubs and organizations offering a wide array of recreation and leisure opportunities for people of all ages and ethnicity to enjoy. We invite you to “Discover Dryden’s” state-of-the-art recreation facilities and award winning conference centre.
From two sheets of ice at the Dryden Memorial Arena, brand-new state-of-the-art baseball pavilion, the finest soccer pitches in northwestern Ontario and first-rate cultural events, our facilities are sure to impress athletes, spectators, families as well as offer a multitude of opportunities for entrepreneurs and investors from the exploration and mining supplies to tourism industries, and everything in between.
We challenge you to experience firsthand all that Dryden has to offer, now and in years to come—check out ‘Living in’, ‘Invest in’ and ‘Discover’ Dryden for yourself, your family, and your business:
Visit us online at: www.dryden.ca, in person at 30 Van Horne Ave, Dryden, Ont. P8N 2A7.
Itinerary planning is available at: www.GoNWO.ca
For more information:
Dryden Development Corporation
Toll free: 1-877-737-9336