Potential second fluorspar operation in St. Lawrence?

Newfoundland Fluorspar Exploration Ltd., or NewFluorEx, began a three-week diamond drilling program in the community last week. Company President Alex Harris indicated NewFluorEx’s property is immediately north of Canada Fluorspar’s site. He said there’s a good chance the large Tarefare Vein, which Canada Fluorspar will mine, extends onto NewFluorEx’s adjacent land. The Mount Margaret Vein is also located on his company’s property – a deposit he said is the biggest in the region that’s never been mined. Mr. Harris indicated the St. Lawrence drilling program is the result of more than two years of homework, planning and preparations to get to this point. “We’re a long way from any production decision or anything, but five years down the road we might have enough to go with.”

Source: The Northern Pen

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