The 85th Prospectors and Developers Association of Canada convention, one of the largest mining shows in the world, with annual participants in the 25,000 to 30,000 range, officially kicks off the evening of Sunday March 5, with a reception for the army of media covering the event at the Royal York Hotel.
Jim Carr, the Canadian Minister of Natural Resources will be the featured speaker at the media reception. However, unofficially things got started on Friday with a mining investment conference at the Trump Toronto Hotel.
The investment conference known as the Red Cloud featured presentations from many mining exploration companies seeking and investors and investors looking for promising mining developments to build a fortune on.
Among the companies present at the Red Cloud Investment forum was Red Pine Exploration a company that has among it properties one known as its Wawa Gold Project in Wawa, Ontario.
“Wawa was one of the first mining areas in Ontario back in the 1880s and 1890s when the transcontinental railway line was put through,” explained Conrad Dix, the Senior Project Manager for Red Pine Exploration. “The area is a bit out of the lime light but the recent purchase of the Probe Mines property near Chapleau by Goldcorp there has renewed interest in the area.”
The area is part of the Michipicoten Greenstone Belt, the westerly extension of the Abitibi-Greenstone Belt that swath of gold bearing Canadian Shield land that runs from Western Quebec through the Timmins, area and onward to Wawa.
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