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Last C$0.02 CAD
Change Today -0.005 / -20.00%
Volume 1.1M
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As of 3:13 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

mineral mountain resources l (MMV) Snapshot

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mineral mountain resources l (MMV) Details

Mineral Mountain Resources Ltd. engages in the acquisition, exploration, and development of precious and base metal projects in North America. The company primarily explores for gold, copper, and nickel deposits. Its principal projects includes the Holy Terror project that consists of 19 patented mineral claims and 273 unpatented lode claims covering approximately 4,129.19 acres located in the Keystone Mining District, Pennington County, South Dakota; and the Rochford Project covering an area of approximately 4,466.46 acres in the southeastern part of the Black Hills of South Dakota. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

mineral mountain resources l (MMV) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$150.0K
Chief Financial Officer, Director and Member ...
Total Annual Compensation: C$55.5K
Compensation as of Fiscal Year 2014.

mineral mountain resources l (MMV) Key Developments

Mineral Mountain Resources Ltd. Auditor Raises 'Going Concern' Doubt

Mineral Mountain Resources Ltd. filed its Annual on Jul 29, 2015 for the period ending Mar 31, 2015. In this report its auditor, Dale Matheson Carr-Hilton, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Mineral Mountain Resources Ltd. Provides Update on Bullion Zone Drill Testing

Mineral Mountain Resources Ltd. announced final analytical results from the Company's recently completed Phase III drill campaign, HT-15-37 and HT-15-38 totaling 443.46 meters, are reported in this release. A total of 297 core samples were submitted to the laboratory. The two drill holes, HT-15-37 and HT-15-38, were drilled from the same set up, and were designed to test the down plunge extension of the Bullion Zone. HT-15-37 was drilled between the Bullion 300 and 600-foot levels about 30 meters from historic hole FD93-6 that yielded 12.89 g/t Au over 8.05 meters. This hole cut two well-developed mineralized structures in this hole, the Bullion main horizon and the East Vein recording anomalous, sub-economic gold values. The final hole in the Company's Phase III drill program, HT-15-38, was drilled down plunge of HT-15-37 above the Bullion 600-foot level near historic hole FD93-8 that cut 11.59 g/t Au over 2.44 meters. Unfortunately, this hole was abandoned when it pierced the Bullion 600-foot level workings, the desired target. Prior to piercing the 600-foot level workings, HT-15-38 intersected the well-developed, heavily mineralized Bullion structure recording the following results: Bullion: 0.52 g/t Au over 5 meters between 179.0 ­ 184.0 m, including 1.74 g/t Au over 0.85 m between 180.0 ­ 180.85 m. East Vein: 0.29 g/t Au over 1.76 m between 203.74 ­ 205.5 m.

Mineral Mountain Resources Ltd. Completes Phase III Drill Program At Holy Terror Project Near Keystone, South Dakota

Mineral Mountain Resources Ltd. announced e the results for the first four holes of the company's recently completed Phase III drill program consisting of six holes totaling 1,413 metres completed in April, 2015 on the Company's Holy Terror Project near Keystone, South Dakota, U.S.A. All four holes in this release targeted the Keystone gold horizon which forms part of the company's 50- plus-square kilometre Homestake Gold Trend land package located in the Black Hills of South Dakota, U.S.A. Assay results for the remaining two holes which targeted the Bullion horizon, a parallel trending gold zone, are pending. Highlights: Drilling continues to confirm continuity of a high grade core and appears to join the Keystone Main and Keystone North Extension targets as one mineralized gold zone; The Keystone Deposit remains open in all directions and down plunge. Three of the four holes, HT-15-034, HT-15-035 and HT-15-036, were directed below and along strike of the historic Keystone Mine to confirm grade, test for continuity and to focus on the expansion of the Keystone gold trend. Prior to this phase of drilling, the Keystone Main and Keystone North Extension were interpreted to be two separate gold zones, however, the successful intersection recorded in HT-15-36 below suggest that they represent one mineralized gold zone that has a strike length of 240 metres (787 feet). Prior to this Phase III drill program, limited shallow diamond drilling targeting the area between the historic development levels was completed between1992 to 1995. Assay results for HT-15-036 were highlighted by intercepts of 5.68 g/t Au (0.18 opt) over 9.6 m (31.5 ft.), including 9.16 g/t Au (0.29 opt) over 5.5 m (18.0 ft.) and 13.79 g/t Au (0.44 opt) over 2.6 m (8.5 ft.). HT- 15-036 was drilled 60 metres (197 ft.) below the historic workings intersecting the Keystone Main zone 25 metres (82 ft.) west of historic hole CK92-05 that returned 15.15 g/t Au (0.48 opt) over 4.27 m (14.0 ft.). This hole was successful in replicating and confirming the high grade nature, the width of the mineralization and the continuity of the zone. Other positive assay results were recorded in the Keystone North Extension where hole HT-15-035 intersected 2.75 g/t Au (0.088 opt) over 12.0 m (39.4 ft.) including 5.89 g/t Au over 3.0 m (9.8 ft.). HT- 15-035 was drilled a distance of 35 metres (115 ft.) west of historic hole KG94-70 that returned 16.70 g/t Au over 3.35 m (11.0 ft.).


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