Detour Gold and Trade Winds Ventures agreed in late September 2011 to the acquisition of Trade Winds by Detour for C$84 million in cash and Detour shares. Trade Wind’s principal assets are its interest in a 50:50 joint venture with Detour in the Block A property, located adjacent to Detour’s Detour Lake project in northeastern Ontario, Canada, and its wholly-owned Gowest property, which is also located in the Detour Lake area.

Trade Winds has completed extensive diamond drilling programs of more than 156,000 m on the Block A and Gowest properties.

Resource Center Whitepapers, Videos, Case Studies

Let's stay in touch!

All of the latest mining news and our digital edition sent to your inbox once a week.

We'll never share your email address, and you can opt out at any time, we promise.