Northgate Minerals Corp (NXG)

[bosar53]

When Brascan set Northgate up at Kemess it was with the intention of leveraging the assets through the discovery and exploitation of better grade porphyrys in the immediate area.

K-S was thought to be marginal at best. The K-N of today.

Exploration spending should jump into the 10s of millions of dollars range once DL is available to provide a few decades worth of disposal for the region.

The fact that Kemess is able to supply funds to develop a substantial gold mine in Ontario would probably be a great surprise to those who took the great leap 6-7 years ago. gl