Last C$0.06 CAD
Change Today 0.00 / 0.00%
Volume 0.0
HSR On Other Exchanges
Symbol
Exchange
Venture
OTC US
Frankfurt
As of 3:38 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

homestake resource corp (HSR) Snapshot

Open
C$0.06
Previous Close
C$0.06
Day High
C$0.06
Day Low
C$0.06
52 Week High
08/25/14 - C$0.10
52 Week Low
06/3/14 - C$0.02
Market Cap
2.8M
Average Volume 10 Days
140.3K
EPS TTM
--
Shares Outstanding
50.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HOMESTAKE RESOURCE CORP (HSR)

Related News

No related news articles were found.

homestake resource corp (HSR) Related Businessweek News

No Related Businessweek News Found

homestake resource corp (HSR) Details

Homestake Resource Corporation, an exploration stage company, acquires, explores, and develops natural resource properties in Canada. The company primarily explores for gold, silver, and base metal deposits. It principal property consists of the Homestake Ridge property that comprises 26 mineral claims containing 151 units and 7 crown grants for covering an area of 3,617 hectares, and is located in Kitsault, northwestern British Columbia. The company was formerly known as Bravo Gold Corp. and changed its name to Homestake Resource Corporation in April 2012. Homestake Resource Corporation was incorporated in 1983 and is headquartered in Vancouver, Canada.

Founded in 1983

homestake resource corp (HSR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chairman of The Board and Corporate Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2012.

homestake resource corp (HSR) Key Developments

Homestake Announces Commencement of Drill Program

Homestake Resource Corp. reported that drilling has commenced on the company's 100% owned Homestake Ridge property in Northwestern BC. The 2014 exploration program is being conducted by Agnico Eagle Mines Limited. and is expected to include +7,500 meters of core drilling budgeted at a cost of $3 million. Agnico Eagle has assumed project management under an option agreement to fund exploration and development costs of $25.3 million by December 31, 2017 to earn a 65% interest in the property. Agnico Eagle is in the third year of the six year option. Drilling is underway on a newly discovered mineralized zone called the Slide target, first identified in 2013 and located southeast of the Homestake Silver deposit. An initial six drill hole program is planned on the Slide target, which will test areas along strike and down dip of hole HR13-253. The Homestake Ridge project is being advanced as a potential high-grade underground mining operation. The project contains an estimated Inferred Resource of 911,000oz gold and 20,366,000oz silver (1,225,785oz AuEq @ 5.6 g/t AuEq grade) and an estimated Indicated Resource of 124,000oz gold and 939,000oz silver (141,000oz AuEq @ 7.3 g/t AuEq grade). To date, 262 holes have been drilled for a total of 74,973 meters, including the project's highlight intercept from the 2008 drill hole HR08-87, which returned an estimated true width intercept of 52.5 meters averaging 20.99 g/t gold and 11.60 g/t silver.

Homestake Resource Corporation Announces Director Changes

Homestake Resource Corporation announced the appointment of Jeff Tindale as a director. Mr. Tindale has extensive experience in raising capital in North America and Europe, corporate development, project acquisitions, and strategic planning. Mr. Tindale has been Managing Partner of a private consulting group providing advisory services to numerous private and public companies since 2006. He has a diversified background including founding successful private enterprises and over eight years in the exploration field, exploring for diamonds and precious metals where he was a part of major economic discoveries. Mr. Tindale has filled a vacancy on the board of directors created by the resignation of Nazlin Rahemtulla.

Homestake Resource Corporation Provides Update on Drilling at Homestake Ridge Property

Homestake Resource has received notice from Agnico Eagle Mines Limited of its plans for a $3 million exploration program in 2014 at the company's Homestake Ridge property in northwestern British Columbia. The program is expected to include +7,500 meters of core drilling, with camp construction to begin the second week in June and drilling to commence in early July. The 2014 exploration program will start on a potential new mineralized zone called the Slide target, first identified in 2013 and located southeast of the Homestake Silver deposit. Drill holes of the 2014 program will test areas on strike to the southeast and down dip of hole HR13-253, which as reported in NR-10-13 contains a 18.6 metre interval averaging 101g/t silver, including a 0.5 metre interval averaging 1,675g/t silver from 364.4 to 383.0 metres down hole (the true thickness has not been determined yet). Further drilling is also anticipated to test lateral extensions of the South Reef deposit, potential depth extensions of the Main Homestake and Homestake Silver deposits and up to two holes to test "Eskay-equivalent" stratigraphy in the upper Hazelton Group exposed to the east and south of the Homestake Silver deposit. Homestake owns a 100% interest in the Homestake Ridge project, located in the Kitsault Mineral district in northwestern British Columbia, subject to various royalty interests held by vendors. The project is being advanced as a potential high-grade underground mining operation. At an $85 NSR cut-off value and based on drilling completed through 2012, the project contains an estimated Indicated Resource of 124,000oz gold and 939,000oz silver (141,000oz AuEq @ 7.3g/t AuEq grade) plus an Inferred Resource of 911,000oz gold and 20,366,000oz silver (1,225,785oz AuEq @ 5.6g/t AuEq grade) in three deposits. To date, 262 holes were drilled for a total of 74,973 metres, and multiple exploration targets remain to be tested on the large 3,617-hectare property. Agnico Eagle Mines Limited has assumed project management since January 2013 under an option agreement to fund exploration and development costs of $25.3 million by December 31, 2017 to earn a 65% interest in the property. In addition, Homestake holds an option to acquire a 100% interest in the 625 square kilometre Kinskuch project. Kinskuch is located within the Kitsault Mineral District and is adjacent and to the southeast of the Homestake Ridge project, but is not subject to the agreement with Agnico Eagle.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HSR:CN C$0.06 CAD 0.00

HSR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for HSR.
View Industry Companies
 

Industry Analysis

HSR

Industry Average

Valuation HSR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 3.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HOMESTAKE RESOURCE CORP, please visit www.homestakeresource.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.