Mining claims near Fort Frances taken over by Alberta company
An Alberta-based mining company is expanding its interests in northwestern Ontario.
Golden Rapture Mining says it is acquiring the mineral rights to seven mining claims located near Swell Bay, about 40 kilometres northeast of Fort Frances.
Gold was first discovered in the area in the 1890s, with a shaft, trenches and pits put in place.
There has been further exploration by geologists since, with the latest conducted by King’s Bay Gold, which revealed in 2001 signs of high-grade gold.
The company says it plans to conduct exploration work in the near future.
Golden Rapture also owns property in the Dryden area and north of the Rainy River Mine.