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caribou king resources ltd (CKR) Snapshot

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09/18/13 - C$0.11
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caribou king resources ltd (CKR) Details

Caribou King Resources Ltd., a junior exploration company, is engaged in the acquisition and exploration of mineral resource properties in Canada and the United States. It primarily explores for gold, copper, silver, molybdenum, and graphite. The company was formerly known as Caribou Copper Resources Ltd. and changed its name to Caribou King Resources Ltd. in December 2011. Caribou King Resources Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Founded in 2007

caribou king resources ltd (CKR) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: --
Chief Financial Officer, Corporate Secretary,...
Total Annual Compensation: --
Compensation as of Fiscal Year 2012.

caribou king resources ltd (CKR) Key Developments

Caribou King Resources Ltd. and Process Research Ortech, Inc. to Jointly Develop Technologies Related to Production of Commercial Quality and Economic Graphene Product

Caribou King Resources Ltd. announced that it has retained Process Research Ortech Inc. to jointly develop technologies related to the production of commercial quality and economic graphene product. Under the joint development arrangement, Ortech will develop and test a process to develop graphene from high-grade graphite. Ortech will complete preliminary research and a first phase bench test of the process in consideration for $120,000, to be paid by Caribou within 60 days (alternatively, if Caribou does not wish to proceed with the test, it can terminate the arrangement for a fee of $25,000). If warranted, Ortech will complete a second phase bench test of the process in consideration of an additional $250,000; and construct a pilot plant to test the process for $2.5 million, at which stage Caribou will own 49.0% of the technology underlying the process. Further, after six consecutive months of operation of such pilot plant, Caribou should desire to purchase Ortech's interest in the technology (such that Caribou would be the sole owner of the technology), Caribou has the option, but not the requirement, to purchase such interest for $15 million, for a period of three months. The joint development agreement is subject to standard conditions, including the receipt of all necessary approvals.

Caribou King Resources Ltd. Receives Drill Permits for Mulloy Graphite Property 10 Kilometers West of Zenyatta's Albany Discovery

Caribou King Resources Ltd. announced the company has now received drill permits to test seven new electromagnetic (EM) conductors and confirm a historic graphite drill hole by Shell Canada Resources Ltd. that encountered 90% visual graphite over 38.46 meters on its Mulloy graphite project. The 100%- owned Mulloy graphite project is located ten kilometers west of the Zenyatta Ventures Albany graphite project in Ontario. Earlier this week the Company announced that it signed an exploration agreement with the Constance Lake First Nations to continue exploration at Mulloy and anticipates that 2014 drilling will begin shortly. As reported previously, a horizontal loop electromagnetic (HLEM) survey identified several EM conductors on the Mulloy property, including three with a strike length over 700 meters, with the fourth striking over 600 meters in length, and all conductors remain open along strike. Upcoming drilling will focus on the conductors that correspond in part with magnetic lows, which together are believed to indicate graphite mineralization. Additionally, drilling will test a historic graphite discovery hole by Shell Canada Resources Ltd. that encountered 90% visual graphite in a total of 38.46 meters. An estimate of true thickness cannot be determined from the historic drilling, and the graphite content is a visual historical estimate and should not be relied upon without lab assay confirmation.

Caribou King Resources Ltd. Signs Exploration Agreement with Constance Lake First Nation

Caribou King Resources Ltd. announced it has signed an exploration agreement with Constance Lake First Nation for the continued exploration on its Mulloy Graphite Project, located ten kilometers west of the Zenyatta Ventures Ltd. Albany graphite project in Ontario.


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