CNG on the TSXv Had Huge Volume Last Week
Canadian Mining Company Inc. (TSX.V- CNG) is a well-diversified company with stable management and an excellent potential for growth. Canadian Mining engages in the exploration, development and production of industrial minerals in Canada , precious and base metals in the Bullard Mining District in Arizona and in the Alamos Mining District in Sonora , Mexico .
San Bernardo Project , Sonora , Mexico
CNG’s 27000 acre San Bernardo Project is located in the prolific Alamos mining district of Sonora which is widely recognized as the number one mining state in Mexico . This district is of great mineral tradition and has a wide range of mineral resources. Producing mines in the area include Frontera Copper (TSX:FCC), Alamos Gold (TSX:AGI) and Pan American Silver (NASDAQ:PAAS).
CNG has completed a very aggressive exploration program including a 3D IP Geophysics Survey on an area formally mined by Industrias Penoles in the 1980s. The Company has now firmly established drill targets.
Bullard Pass Gold Project, Arizona
CNG’s Bullard Pass property consists of 4000 acres surrounding the past producing Bullard Mine. The Arizona Geological Open-File Report 92-1 states “the mineralogic and structural similarities of the Bullard and Copperstone districts suggest that potential exists for a major gold deposit in the area of the Bullard district.” Following a comprehensive gold exploration program, the Company has completed the 43-101 technical report which recommends a 5000’ – 10 hole drill program.
In addition, the Company owns 100% of a revenue producing precious metals processing plant near their Bullard Pass Project.
Industrial Minerals, BC, Canada
The Company’s Bromley Creek Zeolite Mine has a 30 year mine lease. The mine is currently optioned to Heemskirk Canada who supplies micronized zeolite to Haliburton Canada . CNG has several other large zeolite and pozzolan properties in the area for future development.
Mr. Ray Paquette CEO is focused on moving Canadian Mining forward. Stable management, solid projects and a small market cap make CNG an investment with plenty of potential upside.
For more information please visit the Company’s web site: www.canadianmining.ca
