Gren Thomas: Mining Legend Talks Rare Earths, Diamonds, and Gold
Growing up in a coal mining industry in Wales, Gren Thomas started working underground when he was 16 years old. At 25 he moved to Canada to work in geology, drilling, and then exploration. His daughter has followed in her fathers footsteps growing up in the mining business and training as a geologist.
His first discovery was a large rare earth deposit containing large amounts of tantalum and beryllium later picked up by Avalon Minerals. Gren also shares the story of his part of the discovery of diamonds in Canada which has led to a billion dollar business.
Westhaven Ventures was started by Gren and his son and is now a successful gold explorer. During the Fraser river gold rush in the 1850s the source of the gold was never found. In 2005 the first drill hole since that time in the area ran 12 meters of 20 g/t gold. Westhaven now has 30,000 hectares in this area
The mining business has been hard to finance but this project is extremely promising. The mining industry need a big new discovery to really set off a bull market, a new gold rush. Westhaven Ventures could well be the company to make that discovery and is way under-priced at present