THERMA-MED INC (PINK: THRA) announces that a comprehensive geological report on its Hindon Copper property located in Hindon Township, Ontario, Canada, has now been completed and was presented to the company’s representatives.
Field work on the property during the recent mining season included surface sampling performed by qualified mineral evaluation personnel. The purpose of the initial exploration phase was to locate and expose some historical pits created in the 1950s and to test the copper and associated mineral content of the property.
The Company is pleased to say that this report on the Hindon Copper property confirmed the average 2.31 % copper mineralization and found anomalous gold, platinum and palladium. Due to the presence of copper and other valuable minerals, further geological mapping, geochemical and geophysical surveys are warranted to develop new or refined exploration targets. The management team has confidence that the next exploration phase will expose existence of sufficient quantities of copper mineralization to warrant an expansion of their mining activities.
The company closed at $0.0002 in Monday’s trading session.
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