North American Palladium is on the verge of buying property at Tib Lake near its current mine north of Thunder Bay. Company president Bill Biggar says while the area has potential, it's too early to speculate on a possible mine. He says a team of 20 company geologists in Thunder Bay will come up with a plan to explore the area over the next several years. The company is purchasing the new property from Houston Lake Mining of Sudbury. Friday, January 6, 2012
TibLake property seen as promising
North American Palladium is on the verge of buying property at Tib Lake near its current mine north of Thunder Bay. Company president Bill Biggar says while the area has potential, it's too early to speculate on a possible mine. He says a team of 20 company geologists in Thunder Bay will come up with a plan to explore the area over the next several years. The company is purchasing the new property from Houston Lake Mining of Sudbury. 