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montana gold mining co inc (GLRFF) Snapshot

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montana gold mining co inc (GLRFF) Details

Montana Gold Mining Company Inc. focuses on the acquisition and exploration of mineral resources in the States of Montana and Nevada, the United States. It primarily explores for gold and silver deposits. The company owns a 100% interest in the Silver Bell-St. Lawrence Gold project consisting of 1 patented mining claim and 24 unpatented mining claims covering approximately 390 acres located in Virginia City, Montana. It also owns a 100% interest in the Golden Trail project comprising 16 unpatented contiguous mining claims that total approximately 320 acres located in the Elko County region of Nevada. Montana Gold Mining Company Inc. was incorporated in 2000 and is headquartered in London, Canada.

Founded in 2000

montana gold mining co inc (GLRFF) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$120.0K
Chief Financial Officer, Corporate Secretary,...
Total Annual Compensation: C$60.0K
Compensation as of Fiscal Year 2013.

montana gold mining co inc (GLRFF) Key Developments

Montana Gold Mining Company Inc Employs Hyper Spectral Imaging Technology at Golden Trail Project, Elko County, Nevada

Montana Gold Mining Company Inc. has recently completed an encouraging pilot survey using hyperspectral imaging technology on 44 five-foot rock-chip line samples taken late last year at the Golden Trail Project, Elko County, Nevada ("Golden Trail"). This pilot survey discovered a distinctive alteration mineral assemblage associated with higher gold values and therefore useful as an exploration pathfinder at Golden Trail. The Company is now planning to conduct an airborne hyperspectral survey over the Golden Trail and other areas of interest. In addition, the Company plans to apply hyperspectral technology in the logging of all drill core as drilling of the property proceeds. An application for a drilling permit at Golden Trail is well advanced and an announcement will be made upon receipt. The 44 samples used in the pilot survey were rock-chip line samples taken over five-foot continuous intervals at surface. The hyperspectral study established that the high gold values are within hydrothermally altered and replaced marble/limestone that is little distinguished in outcrop from adjacent altered limestone with significant but lower values. These original samples were taken to establish a better understanding of the controls on gold mineralization and found that the high values are along the contacts between solution collapse breccia and hydrothermally altered marble and an overlying and shallowly dipping jasperoid horizon. The distinctive mineral assemblage discovered by the hyperspectral pilot study distinguishes the zones of high gold values from zones of lower gold values. Results from the original surface sampling program included one continuous five-foot line sample that returned 13.7 grams gold with 36.2 grams silver and a second five-foot line sample returned 3.49 grams gold with 105 grams silver. The large identified vein at surface is over 1,200 meters long, and has an associated alteration zone that averages about 30 meters wide. The Golden Trail is 100% owned by the Company and is comprised of 16 continuous mining claims that total about 320 acres. The Golden Trail is situated on the Eastern Nevada Gold Trend (also called the Pequop Gold Trend), a recently identified gold trend in north-eastern Nevada that in 2011 saw Newmont Mining Company take over the former owner of the Long Canyon property, 52 miles south of Golden Trail for a reported $2.3 Billion.

Montana Gold Mining Company Inc Appoints John F. O'Donnell as Chairman of its Board of Directors

Montana Gold Mining Company Inc. has appointed John F. O'Donnell as chairman of the company's Board of Directors. Mr. O'Donnell is counsel to the Toronto law firm of Stikeman Keeley Spiegel Pasternack LLP and is primarily involved in the field of corporate and securities law. Mr. O'Donnell has an extensive background serving as counsel to, or as a director, officer, or chairman of several publicly listed technology and resource companies. Currently, Mr. O'Donnell serves as a director of POET Technologies Inc.

Montana Gold Mining Company Inc, Annual General Meeting, Jun 26, 2014

Montana Gold Mining Company Inc, Annual General Meeting, Jun 26, 2014., at 13:00 GMT Standard Time. Location: 380 Wellington Street. Agenda: To receive the audited financial statements of the Corporation for the fiscal year ended December 31, 2013, together with the report of the auditors thereon; to elect directors; to re-appoint auditors and to authorize the directors to fix their remuneration; to re-approve the existing Stock Option Plan of the Corporation; and to transact such further or other business as may properly come before the Meeting or any adjournment or adjournments thereof.

 

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