Additional Information
Market: TSX-V
Sector: General Mining - Gold
EPIC: PRM
Latest Price: C$0.02  (33.33% Ascending)
52-week High: C$0.05
52-week Low: C$0.02
Market Cap: C$1.47M
1 year chart
1 day chart
Watchlist/Portfolio

Add to watchlist:

Only registered members can add into watchlist !

Register here !

Pro Minerals is a mineral exploration and development company focused on precious metals in Ontario and Quebec Canada. With a diverse portfolio of projects, Pro currently has exploration programs underway on its Disco(Discovery) Lake VMS Project and Shining Tree Gold Project. The Disco Lake VMS Project represents a brand new region for poly-metallic VMS discoveries of merit. Primary targets are gold, silver, copper and zinc. Rich in history, the Shining Tree Gold Project is a grass roots project with excellent potential for world class gold discovery. The Company is led by an experienced management team with an aggressive development strategy.

Pdf

Pro Minerals moves to Phase II exploration at Disco VMS copper-zinc-gold-silver project

8th Apr 2010, 2:15 pm

Pro Minerals (TSX-V: PRM) has completed the first phase of exploration on its Disco (Discovery) Lake VMS Project in Ontario, and initiated Phase 2 ahead of schedule.

The Phase 1 program consisted of line cutting, borehole and surface geophysical surveys, which will carry on into the second phase of exploration. The transition straight into phase 2, which will consist mainly of prospecting and sampling of existing showings in order to prepare for a follow-up drill program, was made possible by this winter’s atypically warm weather in the Disco Lake region.

The Disco project, which is located in the East Uchi – Petawanga Lake area of Ontario, consists of 34 claims, or 11,944 acres, spanning roughly 16.2 kilometers North to South and 12.4 kilometres East to West. The primary target commodities are copper, zinc, gold and silver.

Pro Minerals said that the VMS (volcanic massive sulphide) prospects hosted by the project had high potential for significant gold and silver credits. The company has obtained all digital data previously completed by Falconbridge and Noranda Exploration in the 1990s.

Pro Minerals added that plotting of the alteration data indicates most of the previous drilling was targeted towards the weaker areas of alteration and broad areas of strong alteration remained untested and none of the previous exploration companies on the property assayed for gold “in any systematic manner".

Late last month, the company said that it had completed line cutting and geophysics on the 100% owned Shining Tree gold project. The project, which covers approximately 80 hectares in the Churchill District, certainly has the right address, located near Kirkland Lake, Ontario and is part of the considerably larger Abitibi greenstone belt which runs through Ontario and Quebec and is host to several world class underground gold mines and many gold-copper-zinc-silver deposits.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.