Last C$0.11 CAD
Change Today 0.00 / 0.00%
Volume 0.0
SYS On Other Exchanges
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As of 9:47 AM 08/25/14 All times are local (Market data is delayed by at least 15 minutes).

sona resources corp (SYS) Snapshot

Open
C$0.08
Previous Close
C$0.11
Day High
C$0.11
Day Low
C$0.08
52 Week High
09/12/13 - C$0.20
52 Week Low
02/5/14 - C$0.0050
Market Cap
3.2M
Average Volume 10 Days
1.2K
EPS TTM
--
Shares Outstanding
29.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SONA RESOURCES CORP (SYS)

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sona resources corp (SYS) Details

Sona Resources Corp. engages in the acquisition, exploration, and development of mineral properties, primarily gold in Canada and the United States. It holds interests in the Blackdome gold mine, which consists of approximately 20,664.82-hectares located in the north of Vancouver, British Columbia; the Elizabeth gold property comprising 11,528.4-hectares located in southwestern British Columbia; and the Montgolfier project covering 4,822 hectares located in northwestern Quebec. The company was formerly known as J-Pacific Gold Inc. and changed its name to Sona Resources Corp. in January 2010. Sona Resources Corp. was founded in 1990 and is headquartered in Vancouver, Canada.

Founded in 1990

sona resources corp (SYS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$150.0K
Executive Chairman and Managing Director
Total Annual Compensation: C$150.0K
Chief Financial Officer and Secretary
Total Annual Compensation: C$75.0K
Compensation as of Fiscal Year 2013.

sona resources corp (SYS) Key Developments

Sona Resources Corp. Auditor Raises 'Going Concern' Doubt

Sona Resources Corp. filed its Annual on Apr 28, 2014 for the period ending Dec 31, 2013. In this report its auditor, Morgan & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Sona Resources Corp., Annual General Meeting, Jun 06, 2014

Sona Resources Corp., Annual General Meeting, Jun 06, 2014., at 14:00 Pacific Daylight. Location: Suite 1500 - 409 Granville Street. Agenda: To receive the financial statements for the year ended December 31, 2013, together with the auditor's report thereon; to fix the number of directors at six; to elect directors for the ensuing year; to appoint Morgan LLP, Chartered Accountants, as auditor of the company for the ensuing year; to authorize the directors to determine the remuneration to be paid to the auditor; to confirm the company's stock option plan, as required annually by the policies of the TSX Venture Exchange; and to transact such other business as may properly be put before the meeting.

Sona Resources Corp. Reports Results from Initial Geological Reconnaissance and Sampling Program at the Mineral Creek Gold Project

Sona Resources Corp. reported results from its initial geological reconnaissance and sampling program at the Mineral Creek Gold Project, near Port Alberni, British Columbia. The program was conducted on October 7, 2013, as part of a data verification program in compliance with NI 43-101. It consisted of an independent data verification duplicate sampling of the historical gold and silver mineralization from previous project drilling on the Ember and Linda Veins, with ten samples from a wide range of gold and silver assay values. Four rock samples were taken directly off the Ember and Linda Vein outcrop, which is exposed along an access road. Samples 980 to 982 tested the outcrop of the Linda Vein, which strikes approximately 037 degrees and dips northwest at 80 degrees. Sample 980 returned assay values of 49.5g Au/t with gravimetric finish ("GRAV") and 40.8g Au/t metallic assay ("MET"), indicating a high concentration of coarse gold. Silver assayed at 8.97g Ag/t, with a true width of 82 centimetres. Sample 981 tested the Linda Vein over a 72-centimetre true width some 1.5 metres stratigraphically lower than sample 980. It also returned the high gold value in the sampling, 397.0g Au/t (GRAV) and 372.0g Au/t (MET), and silver values of 58.3g Ag/t. Sample 982 tested the footwall alteration zone against the previous sample, and returned values of 0.103g Au/t and 0.56g Ag/t (ICP-MS). Sample 979 tested the Ember Vein and returned assay values of 195.0g Au/t (GRAV), and 299.0g Au/t (MET) by metallic screen, with a silver value of 54.6g Ag/t. No directional information was available for the Ember Vein at this site. The wooden drill core boxes from the 2006 Linda and 2009 Ember drill programs were stacked and stored in the open on a third-party property. The Linda Vein core boxes were in an advanced state of decomposition, rendering sampling of specific intervals difficult. The Ember Vein core boxes, which contained high-grade assays, had been extracted from the pallets, were not replaced, and appear to have been exposed to the elements for some time. As a result, very little of the original high-grade Ember and Linda Vein core samples remained, and re-sampling of certain core intervals within the original sample boundaries proved impossible. Sample 965 tested two contiguous samples from Hole L-17. Sample 209473 returned assay values of 229.7g Au/t and 50.4g Ag/t over 0.2 metres, in a quartz-calcite vein with 57 grains of visible gold up to 2.0 millimetres across. Footwall sample 209483 returned values of 4.64g Au/t over 0.7 metres with silver values too small to detect. Sample 966 tested three contiguous samples from Hole L-14 that defined a gold-bearing quartz vein and vein breccias in the original sample. Assaying returned values of 212.0g Au/t over 60 centimetres, with 44 grains of visible gold of up to 2.0 millimetres across noted in the logs. New sampling returned trace values of gold and silver, not surprising since the interval rubble left in the core box had been thoroughly picked through by previous workers.

 

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