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As of 9:54 AM 12/23/14 All times are local (Market data is delayed by at least 15 minutes).

expedition mining inc (EXU) Snapshot

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03/17/14 - C$0.20
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expedition mining inc (EXU) Details

Expedition Mining Inc., a resource exploration company, engages in the acquisition, exploration, and development of gold properties in Canada and the United States. It holds interest in the Joy Gold property and Mt. Mervyn property located in the Mayo Mining District, Yukon Territory, as well as Brew property located in the White Gold District, Yukon Territory. The company also holds interest in the Tact & Buff property located in the Battle Mountain District, Nevada. In addition, it has an option agreement to acquire a 100% interest in the Slate Mountain property, Jenny Hill property, and Black Hills property in the Mineral County, Nevada. The company was formerly known as Universal Uranium Ltd. and changed its name to Expedition Mining Inc. in July 2010. Expedition Mining Inc. is headquartered in Vancouver, Canada.

expedition mining inc (EXU) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: C$124.7K
Chief Financial Officer
Total Annual Compensation: C$65.9K
Compensation as of Fiscal Year 2013.

expedition mining inc (EXU) Key Developments

Expedition Mining Inc. Announces Executive Changes

Expedition Mining Inc. announced the appointment of William Galine to the Board of Directors. For the past seven years Mr. Galine has served as Executive Vice President of Expedition Mining, and will continue to do so. Previously he was the President and Director of Toro Resources Corp., and is currently a director of Highpointe Exploration, Trigold Resources Inc. and Golden Peak Minerals Inc. The company announce that Corry Silbernagel has resigned from the Board of Directors of the Company, effective immediately due to increasing commitments in other activities.

Expedition Mining Inc. Announces the Resignation of John Watt as a Director

Expedition Mining Inc. reported the resignation of John Watt as a director of the Company.

Expedition Mining Announces Drill Results on Long Canyon Gold Property

Expedition Mining Inc. provided update on the 2014 exploration programs within the Walker Lane Mineral Belt. The company reported that the initial reverse circulation drill program has been completed and assay results received for all holes. Eleven holes were drilled to a maximum depth of 152.4 m (500 ft). The best results were received from holes LCR-03 and LCR-06 which tested a 150 m section of a northwesterly trending structure which can be traced across the property. The company is encouraged by the presence of wide zones of low grade mineralization indicating a large hydrothermal system. Drill hole LCR-06 was oriented perpendicular to the main structure which is believed to be subvertical in orientation. Chip logging indicates that the structural zone starts at a depth of 57 m, and may be up to 65 m wide. It comprises numerous individual shears displaying elevated quartz content and limonitic alteration. Previous surface sampling of this structure had included 1.16 g/t gold over 5 m. LCR-03 was targeting the intersection of the structure tested by LCR-06, with a northerly trending vein system visible at surface. The high gold value received from this drill program appears to be related to the southern edge of the structure where a 3.05 m (10 ft) interval assayed 3.85 g/t gold and 3.3 g/t silver at a depth of 24.5 m. In both holes there is a direct correlation between quartz content and gold values as would be expected in a vein controlled environment. No sulphides were observed in any of the holes, indicating that the depth of oxidation is in excess of 100 m.


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