News

February 09, 2010

Maudore Minerals Will Shortly Announce A Major Upgrade To The High Grade Resource At Its Comtois Gold Project in Quebec

By Charles Wyatt

It was the news that London listed Anglo Pacific Group had built a 14 per cent holding and accepted an offer to put John Theobald on the board that first brought the Quebec company Maudore Minerals to the attention of Minesite. The boys round at Anglo Pacific, led by Brian Wides, have a great record as investors, though the main business of the company is in royalties. John is the chief operating officer and has over thirty years of experience in exploration, development, finance, and operations, working for a number of companies ranging from Anglo American to Metorex. Ron Shorr, president of Maudore, sees the move as confirmation of Anglo Pacific’s ongoing involvement in his company and reckons that John’s experience will be vital if, or when, development is on the horizon.

Maudore owns the Comtois gold project which consists of 300 square kilometres astride the prolific Abitibi greenstone belt. It’s situated only 15 kilometres from the town of Lebel-sur–Quevillion, not too far from Val D’or. So far three high grade gold zones have been identified in the Osborne section of the property and three in the Bell. All are open in all directions and a main road runs between the two. Add to this the fact that a power line from the James Bay power station runs only three...