Connect with us

Company Snapshot

Strathmore Minerals Corp. (TSX:STM)

Published

on

Strathmore Snapshot

Strathmore is one of the largest holders of in-ground uranium resources in the United States. The Company’s goal is to become a leading uranium producer in the United States. Its core projects are located in the two largest historical uranium producing regions: the Grants Uranium District in New Mexico and the Gas Hills Uranium District in Wyoming.

Strathmore is advancing two core uranium development projects towards production: Roca Honda in New Mexico and the Gas Hills in Wyoming. In 2007, Roca Honda was partnered with Sumitomo Corp of Japan under the jointly owned subsidiary Roca Honda Resources LLC (“RHR”). In October 2009, RHR submitted its Roca mine permit application. A mine permit decision is expected in 2013. In February 2012, Strathmore optioned its Gas Hills uranium development project to Korea Electric Power Corp. (KEPCO). KEPCO can earn-in up to 40% of the Gas Hills by incurring expenditures of US $32 million over three years beginning in 2013. Strathmore expects to submit its Gas Hills mine permit application this year.

In February, KEPCO completed a US $8 million common share private placement at a price of C$0.55 per share. In May, Strathmore acquired Saratoga Gold Company Ltd and its “Copper King” gold-copper project in Wyoming. KEPCO is Strathmore’s largest shareholder with an 11.8% equity stake. – See more at: https://www.visualcapitalist.com/portfolio/strathmore-minerals-company-snapshot#sthash.n5qKDHdh.dpuf

Continue Reading
Comments

Company Snapshot

Company Snapshot: Electra Stone

This company snapshot infographic highlights Electra Stone, the first publicly traded company in Canada to focus on trading BC nephrite jade to China.

Published

on


Company Snapshot: Electra Stone

Company Snapshot: Electra Stone

Electra Stone (ELT.V) is a mining company specializing in the development of and exploration for Nephrite Jade and industrial minerals. The Company is in the process of mining the Apple Bay aluminum silicate quarry located on Vancouver Island near Port Hardy, British Columbia. Electra has also recently entered into Nephrite Jade exploration in British Columbia. Total sales and price of B.C. Nephrite Jade have reportedly increased significantly over the past several years according to private producers. Increased interest in Nephrite Jade in South-East Asian countries, specifically China is the primary reason for the rise in demand.

Continue Reading

Company Snapshot

Company Snapshot: Entrée Gold

Company Snapshot infographic for Entrée Gold, a Canadian mineral exploration company balancing opportunity and risk with key assets in Nevada and Mongolia.

Published

on

Company Snapshot: Entrée Gold

Company Snapshot: Entrée Gold

Related Topic: Everything You Need to Know About Copper Porphyries

Entrée Gold (TSX:ETG)(NYSE MKT:EGI)(FRANKFURT:EKA) is a Canadian mineral exploration company balancing opportunity and risk with key assets in Nevada and Mongolia. Entrée has been advancing its Ann Mason Project in one of the world’s most favourable mining jurisdictions, Nevada. The Ann Mason Project hosts the Ann Mason copper-molybdenum deposit as well as the Blue Hill copper deposit within the rejuvenated Yerington copper camp.

Additionally, as a joint venture partner with a carried interest on a portion of the Oyu Tolgoi mining project in Mongolia, Entrée has a unique opportunity to participate in one of the world’s largest copper-gold projects managed by one of the premier mining companies – Rio Tinto. Oyu Tolgoi, with its series of deposits containing copper, gold and molybdenum, has been under exploration and development since the late 1990s.

Sandstorm Gold, Rio Tinto and Turquoise Hill Resources are major shareholders of Entrée, holding approximately 12%, 11% and 9% of issued and outstanding shares, respectively.

Learn more about Entrée Gold: http://www.entreegold.com/

Continue Reading
Novagold Company Spotlight

Subscribe

Join the 130,000+ subscribers who receive our daily email

Thank you!
Given email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.

Popular