Waseco Resources Inc. engages in the acquisition and exploration of mineral properties. The company’s principal activities are focused on the Quebec Labrador Trough where it owns a 100% interest in certain mining claims. Mineral Properties Labrador Trough mining claims The company entered into an option agreement whereby a third party, UraMin Inc., could acquire a 70% ownership interest in 331 of the Labrador Trough mining claims. The company undertook a close-spaced helicopter borne Electro Magnetic (E-M) survey over an area which would be diamond drilled in 2009. Kalimantan Properties The company, during the year 2009, acquired an exploration permit for the Kalimantan properties. They are located on the island of Kalimantan and include portions of the river course and surrounding terraces. Other property interests held are identified as general survey permits and are in the process of being converted to the permanent Kuasa Pertambangan form of exploration tenement. James Bay Lowlands The company, in 2003, acquired an option to earn up to a 40% interest in a 2,440 acre claim block in the Attawapiskat Region of the James Bay Lowlands in Northern Ontario.
waseco resources inc
(WRI:TSX Venture Exchange)
2 Queen Street East
Toronto, ON M5C 3G5
|No competitor information is available for WRI.|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
Sponsored Financial Commentaries
To contact WASECO RESOURCES INC, please visit www.wasecoresources.com. Company data is provided by Capital IQ. Please use this form to report any data issues.