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As of 9:30 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

altan nevada minerals ltd (ANE) Snapshot

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52 Week High
08/8/14 - C$0.07
52 Week Low
12/16/14 - C$0.0050
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altan nevada minerals ltd (ANE) Details

Altan Nevada Minerals Limited acquires, explores, and evaluates mineral properties primarily in Nevada. Its project portfolio consists of 8 projects, including a Paradise Peak District gold project, 3 Yerington District copper-gold targets, 2 Carlin trend gold targets, a Round Mountain type epithermal gold play and a gold-copper-silver alteration system, that together cover an area of approximately 15,002 hectares. The company is headquartered in Vancouver, Canada.

altan nevada minerals ltd (ANE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

altan nevada minerals ltd (ANE) Key Developments

Altan Nevada Minerals Ltd. Announces Encouraging Results at North Star Gold Project in Nevada

Altan Nevada Minerals Ltd. announced that Teck American Incorporated has withdrawn from North Star project located in Elko County, Nevada. Teck has transmitted a report and all pertinent data to the Company subsequent to the completion of the 2014 exploration program. During the autumn of 2104, Teck drilled a single vertical core hole at the project. A key objective of the drill program was to test for favorable Lower Plate strata at reasonable depths. The hole was collared in the Upper Plate Vinini Formation. At a depth of 559 meters, the hole passed through a 10 meter thick shear zone and into a distinctly different lithologic unit consisting of mudstone, siltstone, calcareous siltstone, chert, laminated siliceous mudstone, and dolomitic siltstone. Teck's geologic staff logged these strata as Devonian Rodeo Creek Formation, an important Lower Plate unit on the Carlin Trend, after recognizing similarities between rocks intersected below 559 meters and published descriptions of the unit on the Carlin Trend. Their logging of the core indicates that zones of silicification and decalcification are present in this rock package. This lower rock unit contains several zones strongly anomalous in mercury (+1 ppm), an important pathfinder element in Carlin-type gold systems. These anomalous zones included a continuous interval of 1 to 3.9 ppm mercury from 614.5 meters to 654.5 meters. The hole terminated at 902 meters in siliceous mudstone after passing through a 58.7 meter interval of breccia, calcareous siltstone and dolomitic siltstone. Teck conducted a program of micropaleontology sampling in an effort to corroborate their preliminary stratigraphic interpretation, however it proved impossible to obtain fossils which would yield any conclusive information on the age of the lower rock package.

Altan Nevada Minerals Limited Auditor Raises 'Going Concern' Doubt

Altan Nevada Minerals Limited filed its Annual on Apr 29, 2015 for the period ending Dec 31, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Altan Nevada Minerals Limited Enters into Agreement with Gold Resource Corporation on Radar Gold-Silver Project

Altan Nevada Minerals Ltd. announced that it has entered into an agreement with Gold Resource Corporation on 178 out of 204 unpatented lode mining claims covering approximately 88.7% (3,550 acres) of company's Radar Gold-Silver Project situated in Mineral and Nye Counties, Nevada, whereby Gold Resource Corp, subject to meeting certain annual payment and work expenditure requirements, has the option to purchase a 100% interest in the property for $1,500,000, with Altan Nevada retaining a 3% Net Smelter Return royalty.


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