TRON 0.10 HUGE NEWS OUT : Toron Inc. prepares for "Mining Boom in Quebec"
MONTREAL, April 17, 2012 /PRNewswire via COMTEX/ -- And gives update on Quebec
mining and exploration activity
Toron Inc. (TRON)- (The Company) Toron Inc. has been very pleased with the recent
increase in exploration activity in the Quebec mining regions. For example the
Gold Report's Click for Detail recent article "Mining Boom in Quebec"
discusses the shining future of gold mining in Quebec
Click for Detail.
Furthermore, there has been a noticeable increase in the staking of new claims
along with surveys and proposed drilling to begin in 2012. The work has increased
in the mining regions of the Val Dor area as well as the other mining areas in
Northern and Western Quebec. There have been major advances in the technological
techniques used to explore for minerals in the last 10 years. This combined with
the rise in the price of commodities has created a very favorable climate for
mineral exploration.
The recent increased interest in Quebec has also been helped because of the
mining friendly environment that has been created in the province of Quebec. The
government has proposed a multi-billion dollar investment program in the coming
years for the northern mining regions, that would see a vast increase in the
infrastructure for mining, with increased power and roadways that will give
further access to some of these areas in the northern part of the province. This
along with very good fiscal terms, an experienced work force and an already
established infrastructure makes the Val Dor mining region a world class area to
explore and mine in.
A number of analysts have also begun to take notice of this area and have put out
some aggressive forecasts for a number of different companies that are in the
region. There are at least 20 public mining companies and a number of private
companies that are conducting exploration activity now and this is expected to
grow in the future. "We believe that this is a part of the world that is
extremely likely to have exploration success in the future with all of the
different components coming together. Toron is very happy to be involved in the
Val Dor area and will continue to evaluate new opportunities" , states, Michael
Whitehead, president of the Company.
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