Last C$0.08 CAD
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As of 11:26 AM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

donner metals ltd (DON) Snapshot

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52 Week High
09/18/13 - C$0.60
52 Week Low
07/28/14 - C$0.07
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donner metals ltd (DON) Details

Donner Metals Ltd. is engaged in the acquisition, exploration, and development base and precious metal properties in Canada. It explores for zinc, copper, silver, and gold properties. The company’s principal property includes the Matagami project located in the Abitibi region of central Québec. Donner Metals Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.

Founded in 2005

donner metals ltd (DON) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$179.0K
Total Annual Compensation: C$80.0K
Total Annual Compensation: --
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

donner metals ltd (DON) Key Developments

Donner Metals Ltd. Auditor Raises 'Going Concern' Doubt

Donner Metals Ltd. filed its Annual on Jun 20, 2014 for the period ending Feb 28, 2014. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Donner Metals Ltd. Provides Update on Valmond Gold Property

Donner Metals Ltd. provided an update on recent exploration activities on the Valmond gold property. The property is located about 50 kilometres west of Matagami, Quebec. The Property comprises 111 claims covering a surface area of about 62 square kilometres. It covers a segment of more than 15 kilometres along the gold-bearing Bapst Fault. An option agreement was concluded with Midland Exploration Inc. in November 2013 for the Property. Donner may earn a 50% interest in the Property in consideration of exploration expenditures totalling $2,500,000, including a firm commitment of $300,000 during the first year of the agreement, and cash payments totalling $250,000 over a period of four years. Midland will be the project operator for the duration of this option agreement. As a result, several new drilling targets were identified and proposed for drill-testing. A drilling campaign totalling 1,450.2 metres was completed in March 2014. A total of five (5) holes were drilled and three (3) others were abandoned. Two holes were abandoned due to the thick overburden composed of esker sand and gravel, and another drill hole was cancelled due to the lack of water near the drill site. Best results were obtained in drill hole VAL-14-02, which targeted the down-plunge extension of the main showing at about 350 metres vertical depth.

Donner Metals Ltd. Appoints Ingrid Martin, CPA, CA, as Chief Financial Officer

Donner Metals Ltd. announced that it has appointed Ingrid Martin, CPA, CA, as Chief Financial Officer of the Company effective immediately. Since 2004, she has been working with several mining and exploration organizations in Quebec and has considerable expertise in finance and business acquisitions.


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