I've been wondering about BMK & TME too.
BMK has the same Private Placement group as Noront. Funny how they have NOT been focusing on exploration of the ROF land to help keep the plan along. I remember well , the planned soft bash on Dec. 18, 2008 from BMK,:
MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald” or the "Company") announces it has signed a Letter of Agreement to acquire a 75% interest in the Nielsen-Chisholm Property, a land package that bears strong similarity to the Company’s land holdings in the James Bay Lowlands area of Ontario. The Property comes with the compelling added features of geological knowledge, proximal mines, mineral showings and a new helicopter borne VTEM survey. The Canadian corporation “210829 Ontario Limited” is the “Optionor”.
Kirk McKinnon, President and CEO of MacDonald Mines stated, “We decided to move forward because our collective group of exploration consultants strongly recommended this property. The added benefits of easy access from the town of LaRonge, which will provide major cost savings versus exploration in the James Bay area, also makes the project very attractive.
TME/BMK piece of land is directly below the FNC piece. Remember the Bruce/TME friendship that reared it's head during the Noront proxy fight? Had a truce not been made during the proxy fight , Bruce would have been on the BOD for Noront. It is very king of Bruce like BMK to focus his drilling energy elsewhere to help the consolidation cause.
From TME's website:
| 9,385 claim units totalling 375,400 acres. Temex is one of the largest landholders in the "Ring of Fire". |
| High Note: |
Claim blocks are located adjacent and proximal to the Noront Resources Ltd. Ni-Cu-PGE Eagle One and Eagle Two, Probe Mines Limited Ni-Cu-PGE and WSR Gold Inc. Cu-Zn discoveries.
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| Mineralization Setting: |
The claims cover features thought to represent geological environments similar to the geological environment near the Noront Ni-Cu-PGE and WSR Cu-Zn discoveries. Mineralization styles documented in the area include: i) magmatic Ni-Cu-PGE mineralization associated with mafic and ultramafic intrusive rocks; ii) volcanogenic massive sulphides Cu-Zn; iii) kimberlitic rocks prospective for diamonds; and iv) mesothermal gold mineralization in greenstone rocks.
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