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32 THEPSHAWA TIMES, Mondey, December 21, 1964 Base-Metal Find Starts Ore Search By GORDON GRANT TIMMINS, Ont. (CP) -- The search for new ore bodies in Northern Ontario is continuing without 'letup. Ballooned into Klondike pro- by the dis covery) min, portions ¢ nearby of a $2,000,000,000 base- metal bonanza, the pace of de- tailed aerial ipratie and dia- mond-drill exp! ion of poten- tial finds is expected to carry on for at least a year. "Tf someone should make an- other strike, that could gener- ate enough enthusiasm to start the whole thing over again," says a geologist from the On- tario department of mines. In the first nine months of 1964, the number of claims staked in the Timmins area as hundreds of prospectors swarmed in following the April announcement of the zinc-cop- per-silver find by Texas Gulf Sulphur Co. rose to a record- smashing 12,600 compared with 1,739 in the similar 1963 period. The excitement slopped over into other parts of Ontario, too. Claims staked dering that pe- riod in all the province rose to 35,884 from 13,992. With the winter freeze-up sim- drilling rigs to outlying regions, there has been a sharp increase in diamond-drill exploration. TOWN GROWS and 1964,. an estimated 5, mining jobs disappeared. The gloom these bitter facts} generated disappeared over- night, however, with the new Timmins find, considered the largest single deposit ever un- covered in Canada. J. P, Bartleman, a town pio- neer and former mayor, sai shortly after the strike news: "We can look forward to a future instead of extinction. I won't be long before the popu lation of Timmins is doubled." dling reserves. Between 19455 Mr. Bartleman was not alone ni his. excitement. Stock market speculators ent wild. April 17, the day fter the announcement, the largest volume ever recorded iby a North American stock ex- hange was chalked up by the 'oronto Stock Exchange as 28,- 04,000 shares changed hands. of companies with roperties--or plans for proper- es--in the Timmins area dou- Jed-or tripled in price. find means to Timmins have been revised as facts were ex- amined in 'the cold light of day. But 'no matter how it's cut, it's still big. And it means that the town has a future. ering us now is whether Texas Gulf will build its processing plant here," Mr. Wyatt: says. "We think it will. If it does, the population of Timmins will increase by 10,000." One aspect of the situation that does not affect the town is Original estimates of what the! lownership of the vast ore body. The only limit in sight on ex- ploraiton, says a department of es official, is the number of crews and the equipment avail- able. Locally, some of the initial burst of enthusiasm has pa but the confidence en: by the Texas Gulf announce- ment remains. "We already have some new roads, new stores and a $1,000,- 000 shopping plaza 'under con- struction," says J. past-president of the Timmins 'Chamber of Commerce.. | Motels are adding extensions to their still-straining facilities and home-building has been pated increases in the present population of 30,000. L. Wyatt, |. speeded up to handle antici-| . 2 Until last April Timmins was almost exclusively a gold camp and had been for 60 years. But with mines caught in a squeeze between rising costs and a fixed price for gold, many were in serious financial trouble. 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