Canadian Company To Explore For Gold In Haiti

PORT-AU-PRINCE, Haiti (AP) — A Montreal-based mining company has announced plans to explore the mountains of northeastern Haiti for gold and copper.

Majescor Resources Inc. will explore the site in a partnership with Simact Mining Holding Inc., a Long Island, New York-based consortium of Haitian American investors.

Majescor President Marc-Andre Bernier said Monday the company is encouraged by explorations that Eurasian Minerals Inc. is conducting at a nearby site.

Gold and copper were found in the Caribbean nation decades ago, but Haiti's instability and lack of infrastructure have discouraged investment.

A Barrick Gold Corp. site about 130 miles (210 kilometers) southeast in the Dominican Republic is estimated to contain 20.4 million ounces of gold.