Mainstream Minerals Applies for Coal Permits Near Hudson Bay, Saskatchewan
Mainstream Minerals Corp. is pleased to announce that the Company has submitted a number of coal permit applications encompassing approximately 45,546 acres just West of Hudson Bay, Saskatchewan. A recent coal discovery by Goldsource Mines Inc. has attracted a lot of attention around this area.
The Company will keep the shareholders aware of any progress made regarding these coal permits that have been forwarded to the Government of Saskatchewan’s permitting office. The time frame required to process the permit applications will be determined by the permitting office. Mainstream has submitted a deposit in trust for the permits to the Government of Saskatchewan’s permitting office.
Coal structures of the Cretaceous age are generally very large and can sometimes encompass several thousand square kilometers. This recent coal discovery by Goldsource Mines Inc. is potentially the tip of the iceberg. The Company believes that this could be the beginning of a new major coal region in the mining-friendly province of Saskatchewan. The Company plans to aggressively explore its successful permits.
About Mainstream Minerals
Mainstream Minerals Corporation is a mineral exploration and development company focused on precious metal mining properties with economic potential, with the aim of bringing such properties to commercial production. The Company’s portfolio of properties is primarily located in the prolific Red Lake Gold Camp of Northwestern Ontario. The properties include — (i) 50% of the Bobjo Mine project, (ii) 50 % of the Phyllis Lake project, (iii) 50% of the Woman Lake North of South Bay project, and (iv) 100 % of the Stake Lake project.
Mainstream Minerals Corporation Lawrence Shewchuk, President & CEO (204) 222-0137 firstname.lastname@example.org
Source: Mainstream Minerals