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Last C$0.02 CAD
Change Today +0.005 / 50.00%
Volume 10.0K
ARA On Other Exchanges
Symbol
Exchange
Venture
OTC US
As of 9:53 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

anconia resources corp (ARA) Snapshot

Open
C$0.02
Previous Close
C$0.01
Day High
C$0.02
Day Low
C$0.02
52 Week High
08/27/14 - C$0.10
52 Week Low
12/3/14 - C$0.01
Market Cap
1.2M
Average Volume 10 Days
51.6K
EPS TTM
C$-0.0020
Shares Outstanding
82.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ANCONIA RESOURCES CORP (ARA)

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anconia resources corp (ARA) Details

Anconia Resources Corp. engages in the exploration and development of base and precious metals in Canada. The company owns interests in the RB property, the ARNI property, and the SSM property. It also holds option to acquire the ZAC property and the Marce property. The company is based in Toronto, Canada.

Founded in 1973

anconia resources corp (ARA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$118.0K
Chief Financial Officer and Secretary
Total Annual Compensation: C$70.8K
Compensation as of Fiscal Year 2014.

anconia resources corp (ARA) Key Developments

Anconia Resources Corp. Commences Drilling at its Grenfell Property Near Kirkland Lake

Anconia Resources Corp. announced that drilling has commenced at its Grenfell Property near Kirkland Lake which is under option from Cadillac Ventures Inc. The program will consist of between 600 and 800m of drilling and will target the depth extension of known gold mineralization at the Allen Veins, where the company sampled 5.955g/t Au over 10.2m, including 7.98g/t over 7.55m on surface in October 2014 in channel sample #15 from the wall rock of the Sylvanite Fault, perpendicular to the Allen Veins. Additionally this drilling program will give the company’s technical team valuable information regarding the geology and structure of the Allen Veins area as well as the Sylvanite Fault.

Anconia Resources Corp., Annual General Meeting, Mar 26, 2015

Anconia Resources Corp., Annual General Meeting, Mar 26, 2015., at 10:00 Eastern Standard Time. Location: at the offices of DSA Corporate Services Inc., at, 36 Toronto Street, Suite 1000. Agenda: To receive and consider the audited financial statements of the company for its financial year ended September 30 2014, together with the report of the auditors thereon; to fix the number of directors to be elected at five; to elect the directors of the company; to authorize the directors to fix the number of directors to be elected at future meetings of shareholders; to appoint Abraham Chan LLP as auditors of the company and to authorize the directors to fix the remuneration of the auditors; to consider, and if deemed advisable, pass a resolution re-approving the company's 10% rolling stock option plan; and to transact such further or other business as may properly come before the meeting or any adjournment or adjournments thereof.

Anconia Resources Corp. Announces Results from its Second Work Program at its Grenfell Property Near Kirkland Lake

Anconia Resources Corp. announced further results from its second work program at its Grenfell Property near Kirkland Lake which is under option from Cadillac Ventures Inc. The program is a follow-up to the successful initial prospecting and sampling program. Channel 15 returned 5.955g/t Au over 10.2m, including 7.980g/t over 7.55m from the wall rock of the Sylvanite Fault, perpendicular to the Allen Veins. Channel 11 returned 2.68 g/t Au over 2.8m. 176 samples were taken during this program, including 156 channel samples from 22 channels, 8 grabs, and 1 large (60lb) bulk sample. Channel 15 - 5.955 g/t Au Over 10.2m -Channel 15 is taken from the Allen Vein system immediately adjacent to the Sylvanite fault. This 10.2 metre channel sample consisted of mafic volcanics with varying amounts of silicification containing up to 15% fine disseminated pyrite. Some brecciation of the rock is evident with narrow vitreous quartz infill cementing the small fragments. To the north sampling of Channel 15 stopped due to overburden cover. Further stripping and cleaning of this area required to expose and identify further continuity of the mineralized zone. The Sylvanite Fault shows evidence of sinistral displacement which leads to the possibility of a northwest displacement of the Allen Veins on the east side of the fault. The magnitude of displacement has not been determined, however the property extends approximately 1 km to the northwest along the strike of the Sylvanite Fault providing ample room to find a possible eastward extension of the Allen Veins.

 

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