Metalore Resources Limited
Description Metalore Resources Limited, a junior resource company, engages in the exploration, development, and production of natural gas and gold properties in Canada. The company owns and/or controls petroleum, natural gas, and mineral leases that cover an area of approximately 40,000 acres located in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. It also distributes gas to approximately 93 commercial and residential customers through its gathering pipelines through a cooperative agreement with Union Gas Ltd. The company has proven and probable recoverable net reserves of 8 billion cubic feet. In addition, it holds 100% interest in the Cedartree Lake gold property that consists of approximately 297 claim units covering an area of approximately 12,000 acres located in Kenora Mining District, northwestern Ontario. The company was formerly known as New Metalore Mining Company Limited and changed its name to Metalore Resources Limited in 1976. Metalore Resources Limited was founded in 1943 and is headquartered in Simcoe, Canada. To view the detailed information, you need to SUBSCRIBE with us. |
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