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Last C$0.04 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 3:46 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

iconic minerals ltd (ICM) Snapshot

Open
C$0.04
Previous Close
C$0.04
Day High
C$0.04
Day Low
C$0.04
52 Week High
11/21/14 - C$0.10
52 Week Low
07/3/15 - C$0.03
Market Cap
1.2M
Average Volume 10 Days
13.1K
EPS TTM
C$-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. announces Additional Surface Gold/Silver Sampling Results for the Hercules Project, Nevada

Iconic Minerals Ltd. announced that it has received initial outcrop rock chip channel sampling results for the Loaves and Northeast targets at its Hercules Project ("Hercules"), located approximately 17 km (10.6 miles) east-southeast of the Comstock District in Lyon County, Nevada. Like the results from the two targets released to date the additional results have numerous intercepts of gold/silver grades consistent with gold/silver heap leaching in Nevada. Outcrop sampling at Loaves was done over a strike length of 830 metres (2,700 ft.) and average width of 200 metres (650 ft.). Outcrop sampling at Northeast was done over a strike length of 650 metres (2,100 ft.) and average width of 100 metres (330 ft.). A total of 165.6 metres (543 ft.) of heap leach grade gold/silver values ()= 0.005 oz/ton (0.17 g/t) gold equivalent) have been defined on surface at these two targets. This mineralization, which will have a minimal stripping ratio, will be used along with drilling and underground sampling results to define a NI 43-101 resource. A map showing the extent of the alteration, veining and sample line locations is available on the Company's website. Like several other epithermal hot springs occurrences in Nevada, Hercules veins exposed at the surface are primarily low temperature quartz, indicating the boiling zone where most gold/silver deposition occurred is at depth. South of the sampled portion of the Northeast Target there is an additional 700 metres (2,300 ft.) of poorly outcropping alteration that is not suitable for rock chip sampling. Several mineralized drill holes occur within this area. This indicates a significant portion of the mineralization does not outcrop.

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.

 

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