January 21, 2017 6:50 PM ET

Metals and Mining

Company Overview of Mineral Mountain Resources Ltd.

Company Overview

Mineral Mountain Resources Ltd., a mining company, acquires, explores for, and develops mineral properties in North America. The company explores for gold and precious metal deposits. It holds interests in the Rochford gold project that covers an area of approximately 5,447 acres located in the Black Hills of South Dakota; and Holy Terror project that includes 19 patented mineral claims and 273 unpatented lode claims located in the Keystone Mining District, Pennington County, South Dakota. The company also holds an exploration agreement with an option to purchase the Standby gold mine property that consists of 9 contiguous claims covering an area of 67.45 acres in South Dakota. Mineral Mount...

1195 West Broadway

Suite 401

Vancouver, BC V6H 3X5

Canada

Founded in 2006

Phone:

604-714-0111

Fax:

604-714-1119

Key Executives for Mineral Mountain Resources Ltd.

Chief Executive Officer, President and Director
Age: 73
Total Annual Compensation: C$60.0K
Compensation as of Fiscal Year 2016.

Mineral Mountain Resources Ltd. Key Developments

Mineral Mountain Resources Ltd. Appoints Maribel Jordan as Chief Financial Officer

Mineral Mountain Resources Ltd. announced that Maribel Jordan, BAccS, CPA, CGA has joined the Company as Chief Financial Officer. Ms. Jordan has assumed the role of CFO, replacing John Morita who has resigned from his role as of December 31, 2016. Ms. Jordan has over 25 years of finance, accounting and management experience in a variety of industries, including the mining industry, globally.

Mineral Mountain Resources Ltd. Announces Elections to the Board

Mineral Mountain Resources Ltd. announced that at the company's Annual General Meeting of shareholders on November 21, 2016, the company's shareholders approved all items of business before the Meeting and elected Nelson Baker, Barry Coughlan, James Clark, Marshall Bertram, Bradley Baker and Trevor Thomas as the company's Board of Directors.

Mineral Mountain Resources Ltd. Expands its Rochford Project Holdings by 1793 Acres

Mineral Mountain Resources Ltd. announced the acquisition, through professional claim staking, of an additional 105 unpatented lode mining claims totaling 1,792.6 acres (725.25 hectares) contiguous with current 5,656 acre (2289 hectare) Rochford Project located within the Homestake Gold Trend in the Black Hills of South Dakota. In total, Mineral Mountain now has assembled a contiguous land package totaling 461 unpatented lode mining claims for 7448.6 acres (3014 hectares) and 9 patented lode claims (Standby Mine) for 67.45 acres (27.3 hectares). The new claims constitute a strategic acquisition for the purpose of pursuing extensions of currently identified exploration targets and developing new target opportunities. These strong gold targets were formulated from an integration of the company's high-resolution, low level VTEM survey flown in 2013, existing extensive soil and rock geochemistry and recent field mapping complimented by the most comprehensive database ever assembled for the Rochford District. The Rochford Gold District is under-explored and since 1997 has been virtually overlooked by explorers during the most recent gold cycle between 2004 and 2013. This Proterozoic greenstone belt has excellent geologic, structural and alteration analogies to the Homestake Gold District only 18 km (11 miles) to the north-northwest and presents a unique opportunity to discover major ore ledges along three structural corridors trending through the belt. The company's experienced technical team have a clear targeting criteria and an exploration methodology that was successfully utilized by Homestake Mining Company during the 1980's era where several economic gold discoveries were identified proximal to the mine system.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 31, 2016
Additional 105 Unpatented Lode Mining Claims Totaling 1,792.6 Acres in South Dakota
Private Placement
August 16, 2016
--
Merger/Acquisition
March 7, 2016
South Standby and Cochrane South Properties
 

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