Daily Stock List
Cannabics Pharmaceuticals, Inc. (CNBX)
Cannabis Financial Network News and SmallCapVoice reported earlier on Cannabics Pharmaceuticals, Inc. (CNBX), and we report on the Company today, here at the QualityStocks Daily Newsletter.
Cannabics Pharmaceuticals, Inc.’s dedication is to the development of advanced cannabinoid-based treatments and therapies. Its principal emphasis is the development of novel therapies and biotechnological tools designed to provide relief from diverse ailments and treat human malignancies. The Company previously went by the name American Mining Corp. It changed its name to Cannabics Pharmaceuticals, Inc. in May of 2014. The Company has its headquarters in Bethesda, Maryland.
In addition, Cannabics Pharmaceuticals has licensed Research and Development (R&D) based in Israel. This R&D’s dedication is to the development of palliative and personalized Anti-Cancer treatments channelling the multipurpose therapeutic values of cannabinoids to create tailored therapies for cancer patients. The Company’s integrated technology has created a successful medically standardized delivery system providing patients natural, reliable, and also safe therapy.
Cannabics Pharmaceuticals’ advanced tools include novel delivery systems, personalized medicine diagnostics, as well as therapies founded on cannabinoid compounds. Its main Technology is Cannabics SR. This is a technology for a long acting oil capsule, which provides a safe, effective, and reliable administration of cannabis. This Technology’s composition is solely from food grade materials.
Recently, Cannabics Pharmaceuticals filed an exclusive provisional patent application with the US Patent & Trademark Office (USPTO) on a totally new scheme of technology for implementation of its Slow Release technology for medical capsules. The clinical data now undergoing collection as well as its scientific research are targeted for the development of personalized anti-cancer treatments.
Moreover, Cannabics Pharmaceuticals recently placed its wholly-owned subsidiary, "Grin Ultra Ltd.", and all accompanying Intellectual Property (IP) rights into its public company. Established in 2014, Grin Ultra is specifically licensed by the Israeli Health Ministry for cannabinoid research, permitting the Company significant opportunities to conduct its leading-edge R&D.
The IP involves its IP filed with the USPTO entitled "A Method of in Vitro High Throughput Screening of Cancer Biopsies with Cannabinoid Extracts". This system analyzes cancer cells taken directly from patient biopsies. The system subsequently tests them against a host of cannabinoid combinations for anti-tumor activity through the High Throughput Screening process.
This past March, Cannabics Pharmaceuticals announced the commencement of a clinical study in Israel for cancer patients using Cannabics' SR Capsules. The clinical study involves patients with advanced cancer and cancer anorexia cachexia syndrome (CACS). Endpoints examined are weight gain appetite, quality of life and a marker for anti-cancer activity. This is one of the world's first clinical studies specifically examining the effect of cannabis using a medically standardized edible delivery system.
Cannabics Pharmaceuticals, Inc. (CNBX), closed Tuesday's trading session at $0.0651, down 14.23%, on 60,364 volume with 13 trades. The average volume for the last 60 days is 83,511 and the stock's 52-week low/high is $0.021/$0.2289.
Puradyn Filter Technologies, Inc. (PFTI)
Marketbeat.com, PennyStocks24, Tip.us, SmallCapVoice, FeedBlitz, Emerging Markets, and SmallCap Sentinel reported earlier on Puradyn Filter Technologies, Inc. (PFTI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Puradyn Filter Technologies, Inc. designs, manufactures and markets puraDYN® Oil Filtration Systems, bypass oil filtration products available for internal combustion engines, transmissions and hydraulic applications. The Company’s systems continuously clean lubricating oil and replenish base additives to maintain oil viscosity to safely and considerably extend oil change intervals and engine life. OTCQB-listed, Puradyn Filter Technologies is headquartered in Boynton Beach, Florida.
The Company’s patented, environmentally-conscious solutions deliver quick return on investment (ROI). This is through reducing oil consumption, maintenance, and overhaul costs and engine downtime, while also protecting high-value engine assets. Main applications of Puradyn filtration systems are in oil and gas drilling, pipeline compressors, generators, frac pump units, marine engines, mining and construction vehicles, semi-trucks and buses and hydraulic systems.
Essentially, the puraDYN® Oil Filtration System is a bypass oil filtering system for engines of all types, using any kind of fuel. The puraDYN® system is a high-efficiency multi-stage bypass filter. The design of it is to remove solid liquid and gaseous contaminants from engine or hydraulic oil before they can accumulate and cause damage. The puraDYN® bypass oil filtration system does not affect the engine’s oil flow or pressure. Also, it does not replace the conventional full-flow filter. It works in tandem with it to enhance micro-fine filtration.
The design of the puraDYN® filter element, used in combination with the manufacturer’s original equipment full flow filter, is to attain the fine filtration needed to remove solid contaminant to below one micron. The combination of the two types of filtration gives the maximum equipment protection. The puraDYN® System works with lubrication, hydraulic, and gear box oils below 50 weight for all internal combustion engines and equipment regardless of fuels utilized to power the engines.
Recently, Puradyn Filter Technologies announced that DistributionNOW (DNOW) is the distributor for Puradyn bypass oil filtration products in the oil and gas, downstream & industrial and manufacturing services industries. DNOW is a leader in providing equipment and solutions to the energy, industrial, as well as manufacturing industries. This announcement follows the earlier release of the Puradyn Millennium Technology System (MTS) with patented Polydry® technology for water removal.
Puradyn Filter Technologies, Inc. (PFTI), closed Tuesday's trading session at $0.04, up 31.15%, on 6,200 volume with 3 trades. The average volume for the last 60 days is 23,245 and the stock's 52-week low/high is $0.02/$0.20.
CardioGenics Holdings, Inc. (CGNH)
TopPennyStockMovers, Daily Markets, M2 Communications, and FeedBlitz reported previously on CardioGenics Holdings, Inc. (CGNH), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
CardioGenics Holdings, Inc.’s dedication is to develop more sensitive diagnostic test products to the In-Vitro-Diagnostics (IVD) market. It has started several developmental processes intended to attain its stated goal “to create, develop and commercialize superior, innovative, cost-effective and patent-protected products for the IVD based on proprietary technologies.” CardioGenics Holdings is based in Mississauga, Ontario.
Regarding its core technology, CardioGenics has developed a novel, proprietary, and patent-protected method for controlling the delivery of compounds to a chemical reaction. Consequently, this automates their trigger. The delivery, release, and activity of chemical compounds in a chemical reaction are controlled by a method that employs an electronic signal. When applied to a chemiluminescent reaction, release of the trigger chemical compound begins the chemical reaction and thus light generation. The result is a highly sensitive testing platform. This technology is deployed in CardioGenics’ Point of Care (POC) platform. This permits a much simplified mechanical design.
The Company’s products include the QL Care Analyzer (QLCA). This is a state-of-the-art proprietary POC immunoanalyzer. The QLCA is a small, portable, stand-alone, and totally automated POC immunoanalyzer. The QLCA has successfully miniaturized lab test technology and combined it with a simplified mechanical design and proprietary triggering mechanism. Furthermore, to support the use of the QLCA, CardioGenics is developing multiple immunoassay tests. The design of these is to enhance the management of patients with cardiovascular diseases.
Moreover, CardioGenics’ products include Paramagnetic Beads. Paramagnetic particles are the most broadly used solid-surface in medical laboratories immunoassay testing equipments. CardioGenics developed a proprietary process that coats the beads with a layer of silver. This makes them white and more sensitive to light.
The Company’s silver plated beads are five times more sensitive than traditional black or brown magnetic particles to generated light. Its proprietary microspheres technology and SAVAsphere™ magnetic beads are developed and marketed through its Luxspheres subsidiary.
This past November, CardioGenics Holdings announced that it, and its newly created Canadian subsidiary, entered into a definitive asset purchase agreement to acquire substantially all of the assets of Plasticap (Richmond Hill, Ontario). Plasticap is a manufacturer of specialty caps and closures for several vertical markets. These include Food, Dairy, Beverages, Condiments, Industrial, Petro-Chemical, Medical and Pharmaceutical. In addition, Plasticap is a critical supply chain partner to numerous corporations. This asset purchase agreement covers all assets of Plasticap and all current and future contracts.
CardioGenics Holdings, Inc. (CGNH), closed Tuesday's trading session at $0.011, even for the day, on 248,402 volume with 27 trades. The average volume for the last 60 days is 121,812 and the stock's 52-week low/high is $0.0067/$0.05.
The Alkaline Water Company, Inc. (WTER)
Wall Street Mover reported recently on The Alkaline Water Company, Inc. (WTER), SmallCapVoice and OTC Markets Group did previously, and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
The Alkaline Water Company, Inc. has developed a unique, state-of-the-art, proprietary electrolysis beverage process that produces healthy alkaline water. This water is packaged and sold in 500ml, 700ml, 1-liter, 3-liter and 1 gallon sizes under the trade name Alkaline88. Alkaline88's premier alkaline water is a pH balanced bottled alkaline drinking water enhanced with trace minerals and electrolytes. The Alkaline Water Company is based in Scottsdale, Arizona, and the Company lists on the OTCQB.
The Alkaline Water Company employs an advanced Electrochemically Activated Water (ECA) system to create 8.8 pH drinking water without the use of any chemicals. The ECA process uses specialized electronic cells coated with a variety of rare earth minerals to produce scientifically engineered water.
The design of Alkaline88 is to encourage daily consumption of Alkaline Water by way of a consumer-oriented bulk delivery system targeted at removing expensive small bottles from the distribution supply chain. The production of Alkaline88 is at an 8.8 pH, intended to achieve optimum body balance. Alkaline88 contains trace Himalayan minerals. The Company incorporated 84 beneficial trace Himalayan minerals to make Alkaline88 particularly unique to other pH waters.
Last week, The Alkaline Water Company announced that it recently entered into a co-packing agreement with Texas-based CForce Bottling. CForce is a premium bottling manufacturer. CForce’s focus is delivering high quality products while working to attain environmental leadership within the category. CForce is strategically located in Navasota, northwest of Houston, Texas. The new 43,650 sq. ft. facility is owned and operated by businesswoman and majority owner Gena Norris in partnership with her renowned husband Chuck Norris.
Mr. Steven P. Nickolas, Chief Executive Officer and President of The Alkaline Water Company, said, "The opening of this incredible facility has created a great opportunity for us to work with the Norris' at a perfect time in support of our growth of Alkaline88 across the region."
In addition, last week, The Alkaline Water Company announced that it was advised that according to recent Nielsen data that measures worldwide consumer trends and habits in more than 100 countries globally, Alkaline88 continues to steadily hold its place as the best-selling Alkaline water in Southern California.
The Alkaline Water Company, Inc. (WTER), closed Tuesday's trading session at $1.97, up 1.03%, on 150,134 volume with 263 trades. The average volume for the last 60 days is 48,936 and the stock's 52-week low/high is $0.401/$8.995.
Biotricity, Inc. (BTCY)
SECFilings.com News reported recently on Biotricity, Inc. (BTCY), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Biotricity, Inc. is a healthcare technology company with its corporate headquarters in Redwood City, California. The Company’s dedication is to delivering innovative, medically relevant biometric remote monitoring solutions. It delivers these solutions to the medical and consumer markets. This includes diagnostic and post-diagnostic solutions for chronic conditions and lifestyle improvement. Biotricity’s shares trade on the OTC Bulletin Board.
The Company’s Research and Development (R&D) continues to center on the preventative healthcare market. Its vision is putting health management into the hands of the individual. Biotricity is working to support the self-management of critical and chronic conditions with the use of inventive solutions to ease the increasing burden on the healthcare system.
Biotricity has created two ECG monitoring devices. The design of these is to improve upon the tools and devices presently available in today’s market. For Physicians, the Company has its bioflux. This is a medical technology solution for physicians to test and diagnose patients, and benefit from a unique system, which provides continuous active monitoring for up to 30 consecutive days.
bioflux comprises an ECG monitoring device, software, and access to a monitoring lab. The bioflux software component is an acquisition that is already Food and Drug Administration (FDA) cleared. It is a standard for ECG monitoring in hospitals and cardiac clinics.
For Consumers, Biotricity has its biolife, which is a preventative care solution. It takes advantage of the expertise gained from bioflux. The design of it is to help individuals track their progress in real-time so they can stay motivated to make lifestyle changes. biolife helps users make lifestyle changes through uniting medically relevant ECG data with social media interactivity and a lifestyle log.
Last week, Biotricity announced that it appointed financial professional, Mr. Norman Betts, to its Board of Directors. Mr. Betts is an accomplished accountant and professor. In addition, he presently serves as a Board member for the Bank of Canada. Mr. Betts is the second Board member, and first independent, to join Biotricity, with others expected to be added during Q2.
Biotricity, Inc. (BTCY), closed Tuesday's trading session at $2.73, up 1.11%, on 5,150 volume with 12 trades. The average volume for the last 60 days is 2,732 and the stock's 52-week low/high is $1.752/$4.00.
Momentous Entertainment Group, Inc. (MMEG)
The QualityStocks Daily Newsletter would like to spotlight Momentous Entertainment Group, Inc. (MMEG). Today, Momentous Entertainment Group, Inc. closed trading at $0.0601, even for the day. The stock’s average daily volume over the past 60 days is 26,941, and its 52-week low/high is $0.0601/$2.25.
Momentous Entertainment Group, Inc. (MMEG) is a diversified media company that creates, produces and distributes quality content across various media channels, including feature film, television, radio, the Internet, and various forms of digital media for use in the home or on mobile devices. The company is divided into three divisions: direct marketing, film and recordings.
Within these divisions, MMEG operates through several synergistic channels: Film & Television, which produces unique content ranging from feature films and documentaries to reality television; subsidiary Financial Equity Film Partners, Inc., which utilizes strategic partnerships to facilitate film finance and distribution; subsidiary Music One Corp., formed for live events; Momentous Music, a division leveraging worldwide distribution channels to produce and distribute adult contemporary and faith musical talents; and Direct Marketing & Retail, a division focused on direct response TV to promote consumer merchandise and MMEG's film and music products.
Acquisitions and mergers are an important strategy as MMEG expands its capabilities and customer base to improve profit-generating revenue. The company's roll-up strategy includes plans to acquire small cable systems, radio and television stations, and technologies to be used in the development of a portal that will stream MMEG's radio and television holdings, as well as allow the sale and download of music, video and other IP owned and marketed by the company.
Each of MMEG's corporate officers brings a unique blend of leadership, vision, experience and creative energy necessary to fulfill these strategies. With more than a century of combined experience in entertainment and marketing, this team has set MMEG on track to achieve its goals and make major contributions to the global entertainment industry. Disclaimer
Momentous Entertainment Group, Inc. Company Blog
Momentous Entertainment Group, Inc. News:
Momentous Entertainment Group Begins Initial Filming for Its Upcoming Reality TV Series "The Quarterback Academy"
Momentous Entertainment Receives US Trademark Registration Number
Momentous Entertainment Produces Video Reel to Introduce The Bobby Dale Earnhardt Upcoming Reality Television Series
Dominovas Energy Corp. (DNRG)
The QualityStocks Daily Newsletter would like to spotlight Dominovas Energy Corp. (DNRG). Today, Dominovas Energy Corp. closed trading at $0.0195, up 58.54%, on 22,616,156 volume with 554 trades. The stock’s average daily volume over the past 60 days is 1,690,046 and its 52-week low/high is $0.0035/$0.339.
Dominovas Energy Corp. announced today the launch of the first RUBICON™ SOFC system in Johannesburg, South Africa. Launched in partnership with the South Africa-based Edison Power Group (EPG), the 50kW RUBICON™ system is set for delivery and full implementation within 90 days and will serve as a demonstration unit for future Edison Power Group sponsored multi-megawatt, utility scale deployments in Africa. The 50kW RUBICON™ produce over 430,000 kilowatt hours of clean, fuel cell generated electricity each year. The 50kW RUBICON™ proof of concept "showcase" unit will be the first solid oxide fuel cell (SOFC) unit to serve baseload capacity anywhere on the African continent.
Dominovas Energy Corp. (DNRG) is an energy solutions company dedicated to bringing clean, sensible and reliable power to areas of the world that lack this precious commodity. Recognizing the incredible growth and profit opportunities of the green and alternative energy markets, Dominovas Energy defined a sustainable deployment model to take a leading position among alternative green energy solutions providers.
At the heart of Dominovas Energy’s Fuel Cell Division is a revolutionary energy solution powered by the RUBICON™ Series Solid Oxide Fuel Cell (SOFC) Technology. Invented by inventor, scholar, professor and visionary Dr. Shamiul Islam, RUBICON™ achieves more than 50% fuel-to-electricity efficiency, providing cost effective, clean, significantly-reduced emissions with silent operations in 100kW to multi-megawatt power arrays. The proprietary system is capable of reforming and converting multiple fuel stocks, and is expected to become the “PLATINUM Standard” by which all other fuel cell technologies are measured.
In early 2014, Dominovas Energy was acquired by Western Standard Energy Corp. in a merger transaction in which Dominovas Energy was the emerging entity. Per the acquisition, Dominovas Energy obtained Western Standard’s 49.25% ownership of award-winning renewable energy company Pro Eco Energy Ltd. Pro Eco Energy provides award-winning heating and cooling systems for commercial and public buildings, delivering the newest alternative energy technologies for energy efficient HVAC systems in a timely and cost-competitive manner.
Dominovas Energy intends to build and own fuel cell utilities worldwide, joining the ranks of some of the world’s largest and most well-known companies that are already taking advantage of the vast opportunities of fuel cell systems. The RUBICON™ is far superior to any other system on the market today, and Dominovas Energy’s ability to produce a fuel cell that accepts multiple fuel sources is invaluable to meet the demands of the mass market. Disclaimer
Dominovas Energy Corp. Blog
Dominovas Energy Corp. News:
Dominovas Energy Launches the First Rubicon SOFC Project in South Africa
Dominovas Energy Recognized as Leader in Expanding Fuel Cell Applications in U.S. Department of Energy (DOE) Report
Dominovas Energy Agrees to Acquire Grupo Trebol in Guatemala City, Guatemala
eXp Realty International Corp. (EXPI)
The QualityStocks Daily Newsletter would like to spotlight eXp Realty International Corp. (EXPI). Today, eXp Realty International Corp. closed trading at $1.846, up 1.76%, on 10,769 volume with 6 trades. The stock’s average daily volume over the past 60 days is 11,281, and its 52-week low/high is $0.51/$2.20.
eXp Realty International Corp. today announced that its real estate brokerage division, eXp Realty, has commenced operations in the states of Kansas, Missouri, Minnesota, and Idaho, as well as in the District of Columbia. Tameka Bryant, a national trainer for the National Association of REALTORS®, the largest trade association in the United States, and a brokerage owner for more than 10 years, joins eXp as Managing Broker in Missouri and Kansas.
eXp Realty International Corp. (EXPI) is the holding company for a number of businesses, most notably eXp Realty LLC, the Agent-Owned Cloud Brokerage™. eXp Realty is a full-service real estate brokerage offering 24/7 access to a suite of collaborative tools, training features and socialization channels designed to meet the unique needs of real estate brokers and agents. By creating a fully-immersive, cloud office environment for real estate professionals, eXp effectively reduces agents' overhead, increases their profits and provides greater service value to consumers.
Through eXp Realty's innovative platform, agents and brokers are afforded the opportunity to earn equity in exchange for production and contributions to company growth. Additionally, eXp features an aggressive revenue sharing program that pays agents a percentage of the gross commission income earned by fellow professionals they recruit into the company. The result is a shared ownership community featuring a synergistic and collaborative group of forward-thinking, entrepreneurial professionals. With the emergence of the internet as the most powerful property marketing and advertising medium, eXp's internet and cloud technologies have helped thousands of consumers find, buy or sell homes without the need for a brick and mortar real estate office.
Since its launch in October 2009, eXp Realty has experienced rapid growth, with brokerage service now offered in 35 U.S. states and Alberta, Canada. In February 2016, the company officially welcomed its 1,000th real estate professional into its family of agent-owners, up from just 467 agents at the end of 2014. Following this achievement, the Agent-Owned Cloud Brokerage claimed a spot among the top 50 real estate brokerages in the United States based on agent count, according to data from RISMEDIA's 2015 PowerBroker 500 Report.
Similarly, eXp Realty generated record financial results during 2015. Following the launch of two new initiatives – including an online lead generation program and a stock compensation plan – the company achieved a 71 percent year-over-year increase in net revenues, recording $22.87 million for the year. As it continues to expand its footprint across North America, eXp Realty will look to leverage its unique agent-owned business model to continue attracting driven, entrepreneurial agents and real estate industry leaders while promoting sustainable financial growth. Disclaimer
eXp Realty International Corp. Company Blog
eXp Realty International Corp. News:
eXp Realty Launches in 4 More States and the District of Columbia
MissionIR Exclusive Audio Interview With eXp Realty International Corp. (EXPI) Chief Executive Officer
Fundamental Research Corp. Initiates Coverage of eXp World Holdings, Inc.
Giggles N' Hugs, Inc. (GIGL)
The QualityStocks Daily Newsletter would like to spotlight Giggles N' Hugs, Inc. (GIGL). Today, Giggles N' Hugs, Inc. closed trading at $0.0708, up 15.69%, on 1,500 volume with 1 trade. The stock’s average daily volume over the past 60 days is 26,022, and its 52-week low/high is $0.0137/$0.25.
Los Angeles-based Giggles N' Hugs, Inc. (GIGL) is a first-of-its-kind, award-winning family restaurant and play space that combines organic gourmet food with the play elements for children in a 2500-square-foot play space in the middle of the restaurant. The concept is similar to Chuck E. Cheese, but offers a unique healthier, high-end version for health conscious parents and families. Parents eat and relax while the kids have an incredible time playing in the custom-made play area with giant climbers, dragons, castles, pirate ships slides and swings and a multitude of other toys.
In addition to nightly shows and concerts, every 30 minutes Giggles N' Hugs provides an activity such as face painting, disco dance parties, karaoke, games, arts and crafts, and much more. Giggles N' Hugs has been voted the No. 1 family restaurant, No. 1 birthday party place, and the No. 1 indoor play space in all of Los Angeles, and has attracted a star-studded list of customers including Sandra Bullock, Heidi Klum, Jessica Alba, Halle Berry, Jennifer Garner and Ben Affleck, Denis Quaid, Mark Whalberg, Adam Sandler, Dustin Hoffman and many more.
Revenue is derived from several sources, including food and beverage sales, beer and wine, birthday parties (40%), admission and membership fees to play, along with retail sales. These revenue-generating locations are also highly sought-after tenants. The company currently has three locations in the top premier malls around Los Angeles; four of the largest mall owners in the country are giving Giggles N' Hugs up to 75% discounts on rent and providing upward of $700,000 of upfront cash for each location to get Giggles N' Hugs into their malls around the country.
Growth and recognition of this caliber are driven by a very powerful management team. Giggles N' Hugs President John Kaufman was the COO at California Pizza Kitchen when the founders had just two locations. Joined by Giggles N' Hugs' CFO Phillip Gay, who at the time was CFO of California Kitchen, Kaufman grew the company from two to more than 100 locations – at which time it was bought by Pepsi Co. Kaufman was recruited as president of Koo Koo Roo Chicken, one of the fastest growing fast-casual concepts on the west coast, while Gay joined Wolfgang Puck Restaurants group as CFO, eventually becoming the CEO.
Giggles N' Hugs was founded as a truly "kid friendly" establishment catered specifically to the size, interests, and nutrition needs of children. Since opening its first Giggles N' Hugs in 2009, the company has received a steady stream of interest from more than 300 interested parties looking to expand the concept – via franchise or master licenses – in the U.S. as well globally in countries such as Germany, England, Dubai, Russia, Colombia, Australia , Singapore, Turkey, among the many more. Disclaimer
Giggles N' Hugs, Inc. Company Blog
Giggles N' Hugs, Inc. News:
Giggles N' Hugs, Inc. (GIGL) CEO Discusses 2016 Growth Strategies in Second QualityStocks Interview
Giggles N’ Hugs Signs Agreement with New York-Based Chardan Capital Markets
Giggles N Hugs to present at the 8th annual LD Micro Conference main event
Star Mountain Resources, Inc. (SMRS)
The QualityStocks Daily Newsletter would like to spotlight Star Mountain Resources, Inc. (SMRS). Today, Star Mountain Resources, Inc. closed trading at $0.40, up 2.56%, on 5,040 volume with 4 trades. The stock’s average daily volume over the past 60 days is 5,046, and its 52-week low/high is $0.35/$1.40.
Star Mountain Resources, Inc. (SMRS), a minerals exploration company, is focused on acquiring and consolidating mining claims, mineral leases, producing mines, and historic mines with production and future growth potential identified through exploration efforts. The company's operations are currently focused on the initiation, production and expansion of acquired mineral resources in the Star Mountain Mining District, Beaver County, Utah and turning them into producing assets.
Comprised of 2,320 acres, the company's Star Mountain/Chopar Mine project consists of 116 lode-mining claims and four metalliferous mineral lease sections located in the Star Mountain range, Star Mining District, in Beaver County, Utah, approximately five miles west of Milford, Utah. Exploration activities to date include geological analysis, and a limited reverse circulation & core drilling program.
The Star Mountain Mining District, which is dotted with historic mines dating back to the late 1800s, has a long and storied history within the mining industry. The company believes that the application of modern exploration tools will reveal additional resources that were previously unattainable. Leveraging the region's mild climate and accessibility to nearby rail lines and roads, management will look to translate this potential into sustainable returns in the years to come.
Star Mountain Resources has adopted a discovery-based business model to grow its industry presence in the future. The company plans to thoroughly explore and initially develop its leasehold before seeking senior industry partners to assist in the capital-intensive development and operation phases. Building on this strategy, Star Mountain Resources will also continue to seek quality projects that can be evaluated on their own technical and financial merit. Disclaimer
Star Mountain Resources, Inc. Company Blog
Star Mountain Resources, Inc. News:
Star Mountain Resources Subsidiary Secures $500,000 Loan From a New York Public Benefit Trust
Star Mountain Resources Receives Industry Guide 7 Mineral Reserves Report on Balmat Mine
Star Mountain Resources, Inc. Closes Acquisition of Balmat Zinc Mine in New York State
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