East West Resource Corporation, an exploration stage company, engages in the acquisition and exploration of resource properties in Canada. The company primarily explores for copper, gold, zinc, nickel, and precious metal properties, as well a platinum group metals in northwestern Ontario. Mineral Properties Norton Lake The company acquired a 100% interest in 233 claim units in the Norton Lake area. Seagull The company and Trillium North Minerals Ltd. (Trillium) jointly acquired a 100% interest in two mineral claim groups totaling 478 mineral claim units in the Anders Lake and Leckie Lake areas. Nighthawk Joint Venture The company has a 40% interest in a joint venture comprising a 339 unit pooled mineral claim group, together with Selkirk Metals Holding Corp. and Trillium. Hamlin In 2004, the company acquired a 50% interest in 77 claim units in the Thunder Bay Mining Division. In 2008, the company and its joint venture partner, Mega Uranium Ltd., have an option agreement with Xstrata Copper, whereby Xstrata Copper might earn a 51-per-cent interest in two contiguous properties (Hamlin and Deaty Creek) totalling 157 claim units. Deaty In 2003, the company acquired 100% interest in seven claim units in the Thunder Bay Mining Division. It has a joint venture with Mega Uranium Ltd. (Mega), whereby Mega might earn 50% of the company’s interest. In 2008, the company and Mega, signed an agreement with Xstrata Copper, whereby Xstrata Copper might earn a 51-per-cent interest in two contiguous properties (Hamlin and Deaty Creek) totalling 157 claim units. Marshall Lake The company owns 50% interest in approximately 50 claim units through staking. Its agreements include: The company acquired 100% interest in three mineral leases from Teck Cominco Ltd. (Teck); it has the option to acquire 100% interest in certain surface and mineral rights comprising 421 claim units; and it could acquire 100% interest in 86 leases and nine claim units from NWT Copper Mines. The Marshall Lake property is subject to a joint venture agreement with Marshall Lake Mining PLC (Marshall Lake Mining). As of April 30, 2009, the company and its 50:50 joint venture partner, Marshall Lake Mining, staked additional claims resulting in control of 50 square miles contiguous to the existing Marshall Lake claims. Powell Lake In 2003, the company and Mega acquired 100% (50% each) interest in 11 claims located in the Thunder Bay Mining Division. Ox Lake Exploration Project In 2008, the company staked 572 claim units known as the Ox Lake Exploration Project. Fishhook In 2008, the company acquired 968 claim units covering 34,560 acres, pursuant to a joint venture agreement with Temex Resources Corp. (Temex) as a 50% partner. Max Exploration Project In 2008, the company staked 587 claim units known as the Max Exploration Project and Northern Shield Resources Inc. has been granted an option to earn a 50% interest in this company’s project. GP 2 Project As of April 30, 2009, the company acquired 333 claim units known as the GP 2 Project. In 2008, the company and partner Temex entered into an option and joint venture agreement with Mill City Gold Corp. (Mill City) whereby Mill City would earn a 50% interest in the GP2 Property in the Noront-McFaulds Lake area. Trump Project In 2008, the company entered into a letter of intent with Canadian Orebodies Inc. (Orebodies) to sell an 80% legal and beneficial interest in its ‘Trump’ 96 claim unit property, comprising 1,536 hectares in the James Bay Lowlands near the Norton Lake. Feeder Claims Project The company acquired by staking 268 claim units known as the Feeder Claims Project. In 2008, it entered into an option agreement with KWG Resources Inc. (KWG), whereby KWG has been granted an option to earn up to a 65% interest in a 12 claim property known as the ‘Feeder Claims’. Eva Kitto Project In 2008, the company acquired a 100% interest in the Eva Kitto Project by purchasing from the Mega Uranium Ltd. (Mega). History East West Resource Corporation was founded in 1979.
rainy mountain royalty corp
(RMO:TSX Venture Exchange)
2489 Bellevue Avenue
West Vancouver, BC V7V 1E1
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