the Manitoba VMS belt is getting hotter these days. REM.V has been working over the last year getting any property that had any identifible anomalies and i suspect as taken most of the better property going.
Hudson Bay's news confirms the move.
HudBay increases Manitoba landholdings to 296,000 ha
2006-03-24 17:44 ET - News Release
Mr. Don Bain reports
HudBay Minerals Inc.'s subsidiary, Hudson Bay Exploration and Development Company Limited (HBED), has increased its exploration landholdings in the Flin Flon greenstone belt in Northern Manitoba.
HBED has acquired two mineral exploration licences in Northern Manitoba, southeast of Snow Lake, increasing its exploration landholdings by approximately 94,000 hectares to a total of approximately 296,000 hectares. The increase relates to mineral deposit targets and covers several geophysical targets. The increase is not related to any new diamond drilling results or other information.
HudBay plans to continue spending $10-million each year through 2007 on exploration in the Flin Flon greenstone belt.
Peter Jones, president and chief executive officer of HudBay, said, "Increasing our holdings gives HudBay land security around mineral deposit targets and several geophysical targets in the area, as well as adding almost 50 per cent to our available exploration lands in the greenstone belt."
We seek Safe Harbor.
