Last C$0.05 CAD
Change Today +0.005 / 12.50%
Volume 77.6K
GEM On Other Exchanges
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As of 2:45 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

pele mountain resources inc (GEM) Snapshot

Open
C$0.05
Previous Close
C$0.04
Day High
C$0.05
Day Low
C$0.04
52 Week High
03/6/14 - C$0.10
52 Week Low
12/23/13 - C$0.04
Market Cap
7.8M
Average Volume 10 Days
78.6K
EPS TTM
C$-0.01
Shares Outstanding
173.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for PELE MOUNTAIN RESOURCES INC (GEM)

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pele mountain resources inc (GEM) Details

Pele Mountain Resources Inc. is engaged in the exploration and development of mineral resource properties in Canada. It principally holds a 100% interest in the Eco Ridge Mine Rare Earths and Uranium project that consists of 394 mining claim units and 2 mining leases covering approximately 18,000 acres located in Elliot Lake, Ontario. The company is headquartered in Toronto, Canada.

pele mountain resources inc (GEM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$265.0K
Chief Financial Officer and Vice President of...
Total Annual Compensation: C$30.0K
Compensation as of Fiscal Year 2013.

pele mountain resources inc (GEM) Key Developments

Pele Mountain Resources Inc. Appoints Martin S. Cooper to the Position of Vice-President of Aboriginal Affairs

Pele Mountain Resources Inc. announced the appointment of Martin S. Cooper to the position of Vice-President of Aboriginal Affairs. Mr. Cooper is a Professional Archaeologist with over 30 years of experience in the area of Aboriginal Cultural Heritage and Engagement. He is a Partner and Senior Archaeologist with Archaeological Services Inc. Mr. Cooper has been a Director of Pele Mountain Resources for the past 18 years where he has managed Pele's Aboriginal engagement and land management programs.

Pele Mountain Acquires Key Mining Lease in Elliot Lake

Pele Mountain Resources Inc. announced that it has acquired a key mining lease for the mining rights on certain lands below small lakes located within the boundaries of Pele's Eco Ridge Mine Project in Elliot Lake, Ontario. In conjunction with the Mining Lease acquisition, Pele has entered into a NSR Royalty Agreement with the previous lessee, Rio Algom Limited on standard commercial terms.

Pele Mountain Resources Inc. Updates Progress at its Eco Ridge Mine Rare Earth and Uranium Project

Pele Mountain Resources Inc. provided an update on its Eco Ridge Mine Rare Earth and Uranium Project (Eco Ridge) in Elliot Lake, Ontario. Pele continues to achieve progress toward its primary corporate objective: the sustainable development of Eco Ridge. The Company continues to advance a processing optimization test program in preparation for a small-scale pilot processing operation. Pele recently performed a suite of flotation tests that successfully demonstrated that most of the pyrite in the main conglomerate bed can be effectively separated from the rest of the mineralization without a significant loss of rare earths or uranium. Pele remains engaged in discussions with rare earth and uranium end-users in pursuit of long-term off-take agreements and/or strategic partnerships to support development funding. Pele also remains engaged with governments, the private sector, local communities, and academic institutions, and has mobilized a world class team to develop the next generation of rare earth and uranium production in Elliot Lake.

 

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