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Tuesday, April 17, 2012 7:33:57 AM
Quebec
MONTREAL, April 3, 2012 /PRNewswire via COMTEX/ -- Toron Inc. (TRON)- (The
Company) announced today that it will continue with an extensive examination of
acquiring additional properties in the Val d'Or area of Quebec, which is the name
of the town and in English means the "Valley of Gold. The Val d'Or mining region
of Quebec has been an historically gold and mineral rich area; with substantial
gold finds throughout. There have been at least 30 million ounces of gold taken
out of the region since its first discoveries.
The Company has decided that it would like to build on its presence in the
region. This area of the Val d'Or mining region is home to a number of operating
gold mines and has seen a recent surge of activity. Toron is actively evaluating
different properties and projects with it may pursue. Due to a number of recent
technological advances in the arena of mineral exploration, the Company believes
that previously overlooked claims may show additional indications for minerals.
Toron believes that this mining region is a word class area with excellent fiscal
terms, a highly trained work force, and a developed infrastructure.
Michael Whitehead the President of Toron was quoted as saying, "The entire mining
region of Val d'Or is being re evaluated on exploration terms and it is a very
exciting area to be a part of."
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