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Last C$0.04 CAD
Change Today -0.005 / -12.50%
Volume 69.0K
ICM On Other Exchanges
Symbol
Exchange
Venture
OTC US
As of 3:36 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

iconic minerals ltd (ICM) Snapshot

Open
C$0.03
Previous Close
C$0.04
Day High
C$0.04
Day Low
C$0.03
52 Week High
11/21/14 - C$0.10
52 Week Low
07/3/15 - C$0.03
Market Cap
1.0M
Average Volume 10 Days
22.5K
EPS TTM
C$-0.06
Shares Outstanding
28.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ICONIC MINERALS LTD (ICM)

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iconic minerals ltd (ICM) Details

Iconic Minerals Ltd. acquires and explores precious metal projects in North America. It primarily explores for gold and silver ores. The company holds a 50% interest in the New Pass property comprising 107 unpatented lode mining claims covering an area of 2,231 acres located in eastern Churchill County, and Squaw Creek property located in Elko County in Nevada; and a 100% interest in the Hercules project located in the Como Mining District, Lyon County, Nevada. It also holds a 100% interest in mineral claims located in the Athabasca Basin, Saskatchewan; and an option to acquire 85% interest in the Yellow Lake property located in the James Bay area, Quebec. The company was formerly known as Bonaventure Enterprises Inc. and changed its name to Iconic Minerals Ltd. in March 2011. Iconic Minerals Ltd. was incorporated in 1979 and is headquartered in Vancouver, Canada.

Founded in 1979

iconic minerals ltd (ICM) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: --
Chief Financial Officer and Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

iconic minerals ltd (ICM) Key Developments

Iconic Minerals Ltd. Receives Initial Outcrop Rock Chip Channel Sampling Results for the West Cliffs Target at its Hercules Project

Iconic Minerals Ltd. announced it has received initial outcrop rock chip channel sampling results for the West Cliffs Target at its Hercules Project, located approximately 17 km (10.6 miles) east-southeast of the Comstock District in Lyon County, Nevada. Like the Hercules target results WC's results have numerous intercepts of gold/silver grades consistent with gold/silver heap leaching in Nevada. Unlike the Hercules Target, which contained three +10 g/t (+0.3 oz/ton) gold assays including 3.35 metres (11 ft.) averaging 11.3 g/t (0.33 oz/ton) gold and 161 g/t (4.7 oz/ton) silver, the high assay at WC is 0.91 metres (3 ft.) of 5.47 g/t (0.16 oz/ton) gold and 96.3 g/t (2.8 oz/ton) silver. Outcrop sampling at WC was done over a strike length of 500 metres (1,600 ft.) and width of 200 metres (650 ft.). A total of 320.7 metres (1,052 ft.) of heap leach grade gold/silver values (0.005 oz/ton (0.17 g/t) gold equivalent) have been defined on surface at the WC Target.

Iconic Minerals Completes Initial Outcrop Rock Chip Channel Sampling at its Hercules Project

Iconic Minerals Ltd. announced it has completed initial outcrop rock chip channel sampling at its Hercules Project, located approximately 17 km (10.6 mi.) east-southeast of the well-known Comstock District in Lyon County, Nevada. Partial geochemical results have been received for these samples. Results are most complete for the Hercules Target, as shown in the table below. While the widespread intercepts of gold/silver grades consistent with gold/silver heap leaching in Nevada were expected, the discovery of high-grade gold/silver intercepts was unexpected. Three +10 g/t (+0.3 oz/ton) gold assays were found including 3.35 metres (11 ft.) averaging 11.3 g/t (0.33 oz/ton) gold and 161 g/t (4.7 oz/ton) silver. Wherever altered outcrops occur, channel rock chip sampling was done every 60 metres (200 ft.) over the 2.7 km (1.7 miles) long and 1 km (0.6 miles) wide project area. A total of 528 channel samples have been taken to date. The Hercules Target results shown below include 16 sample lines over a strike length of 760 metres (2,500 feet) and width of 150 metres (500 feet). The Hercules Target results show extensive outcropping heap leach grade gold/silver values (0.005 oz/ton (0.17 g/t) gold equivalent) that will have a minimal stripping ratio if mined. The values will be used in a new NI 43-101 resource study to be completed after an upcoming drilling program.

Iconic Minerals Ltd. Commences Rock Chip Channel and Trench Geochemical Sampling at its Hercules Project

Iconic Minerals Ltd. announced it has commenced rock chip channel and trench geochemical sampling at its Hercules Project, located approximately 17 km, east-southeast of the well-known Comstock District in Lyon County, Nevada. Iconic's current exploration program included completion of alteration mapping, which found extensive outcrops of potential gold/silver mineralization. All surface samples were collected and logged in accordance with NI 43-101 guidelines, and could be used to define a new resource at Hercules. Environmental permits were obtained for the trenching. Data collected from mapping of the quartz-calcite-adularia-sulfide alteration has defined an open-ended target area. 2.7 km (1.7 miles) long and 1 km (0.6 miles) wide, with four veins within the target area ranging between 200-400 metres (650-1,300 feet) in width. The outcropping alteration currently being surveyed is logged and chip channel sampled, using 0.7-3.0 metre (2-10 feet) sample lengths. Trenches will be sampled in a similar manner. To ensure quality control, blanks and standards are added to each sample line before they are securely shipped to an ISO accredited geochemical laboratory. Sampling is expected to take two to three months for completion, and will be used along with previous drill results to target a planned and permitted drilling program.

 

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