Mining Industry: Gentor Starts Drilling At Oman
July 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Gentor Resources Inc. (OTCBB: GNTO) said it has begun drilling for sulphide copper on its Oman properties. The company said that an initial 5,000 metre drilling program is underway to test a portion of the 56 targets, which were identified by the airborne VTEM survey flown in March and April 2010.
The initial drill program is designed to test between 10 and 15 of the highest priority targets, the company said.
Gentor said it is in the process of commissioning a technical report as to its Oman Properties, which is expected to be completed later in 2010.
Gentor Resources is a U.S.-based mineral exploration and development company whose projects include a molybdenum-tungsten-silver property in East Central Idaho and copper properties in the Sultanate of Oman.
The company's strategy is to develop highly prospective mineral properties around the globe, with current focus in the Sultanate of Oman and the United States.
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