Download Flash Player ►
Mountain Lake Resources
www.mountain-lake.com/Profil
Mountain Lake Resources ist ein Explorationsunternehmen mit Sitz in Kanada. Es besitzt fortgeschrittene Ressource-Projekte sowie Projekte in der Entdeckungsphase. Die Projekte sind Gold, Basismetalle und strategische Metalle. Die Firma konzentriert sich auf die Goldexploration in Neufundland.
Aktienkurs
gründliche Analyse
- 26/04/2011 Mountain Lake meldet Goldfunde nahe der Oberfläche auf Leprechaun
- 09/03/2011 Mountain Lake Resources erbohrt breite Goldmineralisierung auf Leprechaun
- 22/02/2011 Mountain Lake Resources meldet weitere positive Bohrergebnisse von Leprechaun
- 20/01/2011 Mountain Lake Resources: Aggresives Entwicklungsprogramm für Neufundland Projekte ist im Gange
- 12/11/2010 Mountain Lake beginnt Bohrprogramm auf dem Little River Gold-Antimon Projekt in Neufundland
Aktuelle Nachrichten von Mountain Lake Resources
- 27/05/2011 Mountain Lake beginnt Bohrungen auf Little River
- 30/03/2011 Mountain Lake und Marathon erhöhen die Ressource auf der 'Leprechaun' Lagerstätte
- 11/03/2011 Mountain Lake Resources vorbereitet fuer Bohrungen bei Little River
- 04/03/2011 Mountain Lake meldet Neuentdeckung auf Leprechaun
- 02/02/2011 Mountain Lake Resources beruft Smith als Exploration Manager
Vorstellungen
Keine Unterlagen verfügbar.
Verbundene Recherche
Keine Unterlagen verfügbar.
Unternehmensstrategie und – daten:
Mountain Lake is a Canadian based exploration company offering exposure to gold, base metals (zinc-copper+), and strategic metals (antimony) through a diversified portfolio of projects ranging from early-stage exploration to advanced-stage exploration and resource development. The Company is geographically focused on the island of Newfoundland a mining-friendly jurisdiction in Canada.
Additionally, the Company owns a minority (~6.4%) interest in Etruscan Diamonds Ltd., which is pending acquisition later this fall by Rockwell Diamonds Inc.
Leading the Company is Gary Woods, a geologist who has been actively involved in mineral exploration for over 30 years. Prior to joining Mountain Lake in 2007, Gary spent 16 years with Noranda/Falconbridge and held various positions including regional manager of Newfoundland and New Brunswick in Canada as well as country manager in Mexico. Gary also spent 11 years with BP Resources Canada before joining Noranda.
Complementing management's extensive mining and exploration background is its experience in corporate finance, business negotiation, and administration.
Management believes in a prudent business approach to risk management and prides itself on its ability to assess and select viable projects. Management also appreciates the cost of raising equity capital and believes in advancing projects through strategic relationships with well financed joint venture partners when appropriate. This approach affords the Company exposure to multiple growth opportunities while avoiding single project dependence and minimizing shareholder risk and dilution.
The Company's focus will remain gold exploration on the island of Newfoundland which includes: the recent acquisition of the Glover Island Gold Property; the fall drill program pending on the Little River Gold-Antimony Property; and the continued advancement of the Valentine Lake Gold Project with the resource estimate pending on the Leprechaun Deposit in Q4 2010.
Aktuelle Tätigkeiten:
Mountain Lake's projects are located in geopolitically stable areas and range from early stage exploration to advanced stage exploration and development.
In 2010, the Company's focus remains gold exploration on the island of Newfoundland, Canada. The mining sector is a major contributor to the economy of rural Newfoundland & Labrador and, while risk for mining companies seems to be increasing in many jurisdictions around the world, the Department of Natural Resources recently announced funding for a comprehensive review of the Province's mineral industry to define a new Minerals Strategy. The strategy will focus on expanding exploration and production activity and creating additional employment opportunities, while also ensuring environmental protection and the sustainable development of mineral resources. Kathy Dunderdale, Minister of Natural Resources stated: “With a strengthening demand for mineral commodities, a new comprehensive strategy will ensure the province is competitively positioned to attract investment.”
Valentine Lake Project
The Valentine Lake Gold Property is located in Central Newfoundland, ~55 kilometres(km) south of the town of Buchans. The Property consists of four mineral licenses covering a total area of 13,475 hectares.
The Leprechaun Gold Deposit, (the "Deposit") the largest undeveloped gold deposit in Newfoundland, is situated at ~kilometre (km) 3 of the Property's overall geological structure that has been delineated by soil geochemical surveys to extend for ~30 km in a north-easterly strike.
Project status:
Marathon PGM Corp. (TSX: MAR) (“Marathon”) is currently earning a 50% interest in the Property and is the the operator of the Project during the period of the sub-option and joint venture agreement (“OJVA”) announced December 23, 2009.
”Our team is eager to delineate what could be Newfoundland’s next gold mine”, Marathon’s Project Manager, Sherry Dunsworth.
The summer drill program fininished on September 25 and results from the barge drilling over the Leprechaun Deposit continue to delineate an area of near surface gold mineralization by filling in a large void in the historic drilling pattern. This drilling is showing that the current geological model, with inferred gold mineralization that continues across the length of Leprechaun Pond, is correct. The new mineralized intersections that are up-dip and on-strike from the limits of the current resource will be incorporated into the updated resource estimate and will add to the next resource estimate.
The summer program consisted of 62 holes for a total of 6,910 metres. Assay results are pending for 11 holes.
Approximately 10,900 m of drilling has now been completed (95 holes) in 2010 and results continue to expand the boundaries of gold mineralization on-strike to the southwest and northeast, with the Deposit having now been drilled over a strike length of 700 m and results from grab samples (ranging from 49 to 79 g/t) confirming a greater than 300 m corridor of mineralization extends the strike to the southwest.
(READ MORE)
Glover Island Project
Mountain Lake reached agreement to acquire a 100% interest in the Glover Island Property in September 2010. The Property, referred to as "the most overlooked exploration property on the island of Newfoundland", hosts several significant gold prospects over an 11 kilometre (km) strike length, and historical (non NI 43-101compliant) gold resources.
The Property, consisting of two mineral licenses and one mining lease, covers a total of 5,100 hectares on the south-central portion of Glover Island in west-central Newfoundland.
Project Status
:
The Glover Island Property (the "Property") has a history of gold exploration dating back to at least 1953. Over 20 prospects have been identified to date over a strike length of approximately 7.5 km and excellent potential exists for further discoveries and the development of high tonnage, bulk-mineable gold deposit(s) over an 11 km long structural corridor. Several of the prospects represent high priority, near surface, targets that are undrilled.
Fieldwork in 2008 reconfirmed the presence of high grade mineralization on the Property. A trenching program was able to broadly confirm historic gold grades and soils show a good correlation between gold soil anomalism and high grade mineralized zones intersected in trenches and drill holes.
A review of historic drilling results indicates that all areas, including those with historic (non NI 43-101 compliant) resources, are open in all directions and that significant upside exists for adding additional resources.
(READ MORE)
Little River Project
Mountain Lake optioned the Little River Property from local prospectors (the "Optionors") in 2008, based on prospecting done by the Optionors that resulted in numerous new bedrock, subcrop and locally derived float occurrences with gold values as high as 136 grams/tonne (g/t) or +4 ozs/ton and 10 samples in the 10 to 25 g/t range.
The Property, consists of 452 mining claims comprising 11,300 hectares over a strike length of ~35 kilometres (km) in the Baie D’Espoir area of southern Newfoundland.
Project Status
Field work got under way this year in June and has focused on examining the areas of the Little River Property (the "Property") outside of the 2009/2008 soil sampling grid as well as more detailed soil sampling within the existing grid area where initial line spacing was at 200 metre intervals. Results have been received from the infill soil sampling and many new gold anomalies have been identified in addition to the delineation of several strong multiline anomalies where only single point anomalies existed before. Preparations are underway for trenching and sampling to prioritize targets for a fall drill program.
Most significant this year, is the sourcing of a historical antimony + gold (Sb+Au) vein that was originally discovered in the late 1970s by Hudson's Bay Oil and Gas Company. Analytical results from the initial bedrock samples taken from the vein prospect returned 34.9% Sb with 24.1 g/t Au and 27.6% Sb with 7.1 g/t Au. The vein is up to 30 centimetres wide and has been exposed by a series of hand dug pits over a 40 metre strike length. Results from subsequent bedrock samples taken from various spots along the exposed vein have returned very high grade antimony with lower grade gold including: 50% Sb with 219 ppb Au; 49.6% Sb with 483 ppb Au; 49.0% Sb with 110 ppb Au; 36.5% Sb with 118 ppb Au. Further results are pending from detailed soil sampling, which has now been carried out for 300 metres in both directions along strike from the vein outcrop. The vein prospect has never been drill tested.
According to one of Mountain Lake’s prospectors, who worked for Noranda on the Beaver Brook property when antimony (stibnite) mineralization was discovered in 1989, the vein at Little River is significantly larger than the vein that was initially discovered on the Beaver Brook property ~80 km to the north. That discovery resulted in extensive exploration and development and the Beaver Brook antimony mine being brought into production in 1998. Beaver Brook is one of the largest antimony deposits in the world, the only primary producing antimony mine in Canada or the United States, and the largest outside of China.
(READ MORE)
Bobby’s Pond Project
The Bobby’s Pond Zinc-Copper-Lead Project is located in the Buchans area of central Newfoundland. The area is renowned for the historic Buchans Zinc Mines (Production 1928-1984) and is currently host to several other active volcanogenic massive sulphide (VMS) style projects. The most recent to be put into production in 2007 is Teck Cominco’s Duck Pond deposit, which is located 45 kilometres (km) west by road of the Duck Pond mine/mill complex.
Project Status
The Company is currently evaluating the potential economic value of the Bobby’s Pond deposit and is focused on determining how best to maximize the value of this asset for the company.
Project Access
Access to the Bobby’s Pond project is by paved roads (~230 km from Deer Lake) and a further 36 km by gravel and forestry roads from Buchans Junction.
History & Ownership
The Bobby’s Pond deposit was originally discovered by INCO in 1988 and extensive exploration programs were conducted in 1989 and 1990 with intermittent programs thereafter in 1992 and 1996. The deposit was deemed not to meet INCO’s minimum deposit size and the property remained dormant for 9 years until Mountain Lake acquired a 100% interest in the project from INCO in May of 2005.
(READ MORE)
Management
Gary Woods - President & Chief Executive Officer, Director
Gary, a geologist who has been actively involved in mineral exploration for over 30 years, became President and CEO of Mountain Lake in May 2007. Prior to joining the Company, Gary was based in Hermosillo, Mexico for four and a half years as country manager for Falconbridge/Noranda. Prior to Mexico, he was the exploration manager for Noranda in both New Brunswick and Newfoundland, and was actively involved in exploring the volcanic belts of northern New Brunswick and central Newfoundland where Mountain Lake is primarily focused today. Gary has a Bachelor of Science in geology from the University of Western Ontario and has taken several geology and management related courses as well as the Canadian Securities Course.
Allen Sheito - Chairman, Director
Allen, a geologist with over 40 years of experience in mineral exploration, was responsible for the acquisition of the Company's key mineral assets. He was President of Mountain Lake from Nov 1994 through May 2007. Allen's prior experience includes a 30 year career (1966 to 1996) with Inco. During his tenure with Inco, Allen held the position of president of Inco Gulf E.C. (1979-1984) and later became regional manager for Eastern Canada (1984-1996). Allen also worked for De Beers from 1960 to 1966 in their London, UK office, then as Chief Geologist in West Africa. Allen has a Bachelor of Science in Geology from Mount Allison University.
Robert Harris - Director
Bob joined Mountain Lake In February 2010, bringing over 20 years of experience in project evaluation, feasibility and development to the Company. He began his career with Gulf Canada Resources Inc as a process engineer after which he held senior technical positions with the Province of New Brunswick (Mines Division) and the Federal Center for Mineral and Energy Technology (CANMET). Prior to joining Mountain Lake, Bob worked for Etruscan Resources Inc. for 12 years as technical director then VP operations where his responsibilities included many feasibility studies and project evaluations mainly in Africa. And the development of the Youga Gold Mine for Etruscan, which is currently in production in Burkina Faso. Bob is a member of the Association of Professional Engineers of Nova Scotia. He has a Bachelor Degree in Science (Honours) and a Masters in Science in Engineering from the University of New Brunswick, and a business diploma from Saint Mary's University.
William Rogers - Director
Bill is a mining engineer who brings 35 years of operational, project and mine management experience to the Company. His career began in the mid-1970s and has included positions with: Inco as project engineer, mine planning engineer and mine foreman at Stobie Mine in Sudbury, Ontario; Potash Company of America as chief mine engineer of their operation near Sussex, New Brunswick; Hudson Bay Mining & Smelting Co as chief mine engineer of the Ruttan Mine, Manitoba, and as chief engineer of mines and manager of small mines/capital projects in Flin Flon, Manitoba; Noranda / Falconbridge / Xstrata as project manager - greenfield projects and mine acquisitions, mine operations manager of the Brunswick Mine, New Brunswick, and most recently as mines manager responsible for the operation and maintenance of their underground Ni-Cu mines located near Sudbury, Ontario. Bill is a member of the Professional Engineers Association of the province of Ontario. He has an Applied Science Certificate from Acadia University and received his Bachelor of Engineering – Mining from the Technical University of Nova Scotia.
Paul A. Bowes - Secretary & Treasurer, Director
Paul is a corporate and securities lawyer in British Columbia and serves as the Company's secretary-treasurer. He has been practicing in the areas of corporate, mining, and securities law since 1983 and holds a Bachelor of Commerce and Bachelor of Law degrees from the University of British Columbia. Paul is a member of the Law Society of British Columbia, and the Vancouver and Canadian Bar Associations. He is responsible for liaising with the regulatory administrators and the independent auditor to ensure the timely preparation and delivery of financial statements and quarterly reports. Paul also serves on the Company's audit committee, oversees the preparation of other required continuous reporting disclosures.
Frank Metcalf - Director
Frank is a lawyer with over 25 years in the areas of corporate and commercial law, with emphasis on the marine and transportation industries. He is also a director of Etruscan Diamonds Ltd. (in which Mountain Lake owns a minority interest), serves on Etruscan Diamonds' management committee for mining operations, and also serves on Mountain Lake's audit committee. Frank has a Bachelor of Laws Degree from Dalhousie University and is a member of the Nova Scotia Barristers’ Society, the Canadian Bar Association, the Canadian Maritime Law Association, the Association of Average Adjusters (United Kingdom) and the Canadian Association of Marine Arbitrators. He is also the Honorary Consul for Finland in Nova Scotia.
Ms. Teri Anderson - Chief Financial Officer
Teri holds an MBA from Dalhousie University, a Chartered Accountant designation, and a BSc. from Acadia University. Teri has been providing financial consulting services to private and public companies since 1999, after five years as a senior financial manager at Nova Scotia Power, a TSX-listed energy company, and five years in public accounting practice with Ernst & Young.
Greg Lytle - Communications Manager
Greg is responsible for corporate, media and investor communications, and assists management with corporate finance and development matters. He has been a corporate communications consultant assisting both public and private venture companies in various aspects of finance and development for the past 24 years. Greg has been instrumental in raising more than $50 million for client companies over the last 10 years. His previous endeavors on behalf of client companies include consummating business and financial relationships with majors such as General Electric, Intel Capital and Morgan Stanley.
Hauptaktionäre
Stock Market Data
Exchange
: TSX - Venture
Symbol
: MOA (delayed quote)
CUSIP#
(ISIN) 62419J 10 3
Incorporated
: British Columbia, March 1986
Shares Outstanding
: 37,216,438
Shares Fully Diluted
: 45,011,188
Click here for further investor information
Updated from Mountain Lake's website on 5th October 2010
Kontakt
Head Office
Mountain Lake Resources Inc.
Suite 1700 - 1959 Upper Water Street,
Halifax, Nova Scotia
Canada B3J 3N2
Fax: 902-542-0235
Email :
[email protected]
Corporate, Investor & Media inquiries:
Greg Lytle - Communications Manager
Vancouver or Int'l. direct: 604.839.6946
North America toll-free: 1.866.285.5817
Email:
[email protected]
Unternehmensinformationen
Transfer Agent
Computershare Trust Company of Canada
3rd Floor, 510 Burrard St.,
Vancouver, British Columbia
Canada V6C 3B9
North America
Tel.: (604) 661-9400
www.computershare.com
Auditors
KPMG LLP
Chartered Accountants
Suite 1500 Purdy’s Wharf Tower I
1959 Upper Water Street
Halifax NS B3J 3N2
Tel: (902) 492-6000
Fax: (902) 492-1307
www.kpmg.ca
Anleger, die in Mountain Lake Resources interessiert sind, haben auch angesehen:
- ABM Resources (ASX: ABU)
- Algae.Tec (ASX: AEB)
- Allocate Software (AIM: ALL)
- Altus Strategies (AIM: Altus)
- Anglo Asian Mining (AIM: AAZ)
- Apella Resources Inc. (TSX-V: .APA)
- Arafura Resources (ASX: ARU)
- Argos Resources (AIM: ARG)
- ASX:BTV (ASX: BTV)
- Aura Energy Limited (ASX: AEE)
- Auzex Resources Limited (ASX: AZX)
- Avalon Rare Metals (TSX: AVL)
- Baobab Resources (AIM: BAO )
- Batavia Mining (ASX: BTV)
- Beowulf Mining plc (AIM: BEM)
- Cadillac Ventures, Inc (TSX-V: CDC)
- Camco (AIM: CAO )
- Central Petroleum (ASX: CTP)
- Cockatoo Coal (ASX: COK)
- Condor Resources (AIM: CNR)
- Continental Coal (ASX: CCC)
- Copper Fox Metals (TSX-V: CUU)
- Deltex Medical Group plc (AIM: DEMG)
- Dragon Mining (ASX: DRA)
- Dragon Oil (LSE / ISE: DGO)
- e-Therapeutics plc (AIM: ETX)
- Eastmain Resources (TSX: ER)
- Eco Animal Health Group Plc (AIM: EAH)
- ECR Minerals (AIM: ECR)
- Elementos (ASX: ELT)
- Emmerson Resources (ASX: .ERM)
- Envirogold (ASX: EVG)
- Epistem (AIM: EHP)
- EurOmax Resources (TSX-V: EOX)
- Eurotin Inc. (TSX-V: ERT.P)
- Forte Energy (AIM / ASX: FTE)
- Frontier Rare Earths (TSX: FRO)
- Genesis Resources (ASX: GES)
- Gowest Gold (TSX-V: GWA)
- Great Western Minerals Group (TSX-V: GWG)
- Greenearth Energy Ltd. (ASX: .GER)
- Groote Resources (ASX: GOT)
- Gryphon Minerals (ASX: GRY)
- Gulf Resources (ASX: GLF)
- Halo Resources (TSX-V: HLO)
- Helius Energy Plc (AIM: HEGY)
- Icon Resources Limited (ASX: .III)
- IGas Energy Plc (AIM: IGAS)
- India Resources Ltd (ASX: IRL)
- Ironbark Zinc Limited (ASX: IBG)
- Ironclad Mining (ASX: IFE)
- IXR Resources (ASX: IXR)
- Jupiter Energy (ASX: JPR)
- Kalahari Resources Inc. (TSX-V: .KLA)
- Kentor Gold (ASX: KGL)
- Kiotech International (AIM: KIO)
- Knick Exploration (TSX-V: KNX)
- Legend Mining (ASX: LEG)
- Li3 Energy (OTCBB: LIEG)
- Metallica Minerals Ltd (ASX: .MLM)
- Millennium Minerals Limited (ASX: MOY)
- Millrock Resources (TSX-V: MRO)
- Mosquito Consolidated Gold Mines (TSX-V: MSQ)
- Mutiny Gold (ASX: MYG)
- National Milk Records (PLUS: NMRP)
- Natural Resources USA Corporation (OTCBB: NTRC)
- NGM Resources (ASX: NGM)
- North River Resources (AIM: NRRP)
- NQ Exploration Inc (TSX-V: NQE)
- Ord River Resources Ltd (ASX: ORD)
- Orko Silver (TSX-V: OK)
- Ormonde Mining plc (AIM: ORM)
- Orosur Mining Inc. (AIM / TSX-V: OMI)
- Osceola Hydrocarbons (PLUS: OSCE)
- Ovoca Gold (AIM : OVG )
- Oxford Nutrascience (AIM: ONG)
- Peninsula Minerals (ASX: PEN)
- Petroceltic International (AIM: PCI)
- Planet Payment (AIM: PPT)
- Plato Gold Corp (TSX-V: PGC)
- Prosperity Minerals Holdings Limited (AIM: PMHL)
- Pulse Health Limited (ASX: .PHG)
- Pure Energy (TSX-V: PEV)
- Ram Resources (ASX : RMR)
- Range Resources (AIM / ASX: RRL)
- Renovo Group Plc (LSE: RNVO)
- Resource Generation (ASX: RES)
- Rexahn Pharmaceuticals (AMEX: RNN)
- Rey Resources (ASX: .REY)
- Riverside Resources (TSX-V: RRI)
- Rodinia Minerals (TSX-V: .RM)
- SeaEnergy PLC (AIM: SEA)
- Selwyn Resources (TSX-V: .SWN)
- Senetek (OTCBB: SNKTY)
- Shaw River Resources (ASX: SRR)
- Shree Minerals (ASX: SHH)
- Siburan Resources (ASX: SBU)
- Silver Lake Resources (ASX: SLR)
- Simba Energy (TSX-V: SMB)
- Solo Oil (AIM: SOLO)
- Specialist Energy Group (AIM: SEGR)
- St. Elias Mines (TSX-V: SLI)
- Stellar Resources (ASX: SRZ)
- Sumatra Copper & Gold (ASX: SUM)
- Sun Resources (ASX: SUR)
- Syndicated Metals (ASX: SMD)
- Tantalus Rare Earths (XETRA: TAE)
- Tarsis Resources (TSX-V: .TCC)
- Thor Mining (AIM / ASX: THR)
- Thundelarra Exploration (ASX: THX)
- Urals Energy (AIM: UEN)
- US Nickel (ASX: USN)
- Wessex Exploration (PLUS: WX.P)
- Westgold Resources Limited (ASX: WGR)
- YTC Resources (ASX: YTC)
