Daily Stock List
Cantabio Pharmaceuticals, Inc. (CTBO)
Profitable Trader Authority reported this month on Cantabio Pharmaceuticals, Inc. (CTBO), AwesomeStocks, HotStockProfits, ProfitableTrading, Investors Alley, Leebís Market Forecast, OTCtipReporter, and PennyStockScholar did earlier, and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Cantabio Pharmaceuticals, Inc. centers on bringing novel, first-in-class drug candidates into clinical trials and beyond via the discovery and development of unique pharmacological chaperone and protein delivery based therapeutics, concentrating on protein systems implicated in neurodegenerative disorders. These include Alzheimer’s and Parkinson’s, and oxidative stress. A preclinical stage biotechnology company, OTCQB-listed Cantabio Pharmaceuticals is headquartered in Sunnyvale, California.
Cantabio Pharmaceuticals, Inc. was created through the merger of Gardedam Therapeutics with Cantabio Pharmaceuticals in November 2015. It is focusing on commercializing novel therapies and the Intellectual Property (IP) generated from its R&D activities for Parkinson’s disease (PD), Alzheimer’s disease (AD) and other related neurodegenerative diseases.
Cantabio’s strategy mixes a detailed therapeutic focus, target family biophysics, and drug discovery technology and expertise into an innovative drug discovery approach. This approach is now identifying and developing small molecule pharmacological chaperones for clinical trials. Cantabio Pharmaceuticals is also developing therapeutic proteins that can pass through the blood-brain barrier to supplement existing levels of proteins, which display loss of function during disease conditions.
The Company conducts in house R&D on critical elements of its drug discovery pipeline. It does so while establishing strategic alliances around novel technologies and outsourcing generic research activities to established contract research organizations.
Cantabio Pharmaceuticals has a new preclinical therapeutic program for Alzheimer’s disease, which it is pursuing via its drug discovery partnership with NovAliX. The program is targeted at the development of small molecule chaperones that stabilize the Abeta peptide, the aggregation of which is considered to be an essential element in the onset and progression of Alzheimer’s disease. This new program is the result of collaborative work between Cantabio Pharmaceuticals and NovAliX.
This past July, Cantabio Pharmaceuticals announced the signing of an agreement with Purdue Research Foundation (PRF) to advance its development work on targeting DJ-1 protein small molecule pharmaceutical chaperone drug candidates for the treatment of Parkinson’s Disease (PD) and other related neurodegenerative diseases. The agreement gives Cantabio access to intellectual property (IP) derived from the joint research done at Purdue University and Cantabio, further strengthening Cantabio’s IP position in DJ-1 pharmaceutical chaperones.
Moreover, this month, Cantabio Pharmaceuticals announced the completion of a licensing agreement with Cambridge Enterprise. This agreement gives Cantabio access to IP from research targeting the Tau protein for the treatment of “Tauopathies” including Alzheimer’s disease (AD) and Dementia.
Cantabio Pharmaceuticals, Inc. (CTBO), closed Monday's trading session at $0.71, down 4.05%, on 9,366 volume with 27 trades. The average volume for the last 60 days is 79,507 and the stock's 52-week low/high is $0.60/$3.79.
Stevia Corp. (STEV)
Jet-Life Penny Stocks, Stockgoodies, Cannabis Financial Network News, and SmallCapVoice reported earlier on Stevia Corp. (STEV), and today we choose to highlight the Company, here at the QualityStocks Daily Newsletter.
Operating in the Consumer Goods sector in the Farm Products industry, Stevia Corp. is a global farm management and healthcare company. It focuses on the commercial development of products that support a healthy lifestyle. This includes stevia and hemp and their compounds. Regarding stevia, this is from plant breeding to good agricultural practices to post harvest techniques. The Company provides diverse farm management services mainly to contract growers.
Stevia has its head office in Indianapolis, Indiana. The Company has research and development (R&D) operations in the United States, Singapore, Vietnam and Indonesia. In addition, it has farm operations in Vietnam and Indonesia and planned operations in the United States. The Company’s wholly-owned subsidiary is Real Hemp, LLC. Stevia’s shares trade on the OTCQB.
The Company’s stated mission is to “be a major grower of stevia leaf and the global leader in servicing stevia growers with advanced strains, seedlings utilizing advanced propagation techniques and specially formulated organic fertilizers and other inputs.”
Stevia is a perennial plant used for centuries as a natural sweetener in South America. The U.S. Food and Drug Administration (FDA) approved (in 2008) the stevia extract Reb-A for use in the United States. Stevia extracts are 100 percent natural and without calories. Stevia manages its own propagation, nursery and plantations and also provides services to contract growers and other industry growers.
In October of 2015, Stevia announced that its wholly-owned subsidiary, Real Hemp LLC would be collaborating with the Rubber Killer® brand to introduce a line of eco-friendly, high fashion and functional bags to the United States market. The Rubber Killer® brand comprises a line of fashionable handbags. The Rubber Killer® collaboration with Real Hemp includes the introduction of an exclusive line of bags combining the recycled rubber feature from other Rubber Killer® products with Real Hemp's fabric line.
Moreover, this will mark the initial introduction of the Realhemp™ fabric line to the marketplace. Real Hemp LLC concentrates on commercializing the industrial hemp variety of cannabis sativa. This includes its seeds, fiber and cannabinoids.
Stevia Corp. (STEV), closed Monday's trading session at $0.0185, down 7.50%, on 323,050 volume with 27 trades. The average volume for the last 60 days is 317,968 and the stock's 52-week low/high is $0.0105/$0.0545.
Canarc Resource Corp. (CRCUF)
Research Driven Investor, FutureMoneyTrends, FeedBlitz, ShazamStocks, Baby Bulls, CrushTheStreet, AllPennyStocks, SmallCapVoice, and Stockhouse reported on Canarc Resource Corp. (CRCUF), and we also report on the Company, here at the QualityStocks Daily Newsletter.
Canarc Resource Corp. is a growth-oriented, gold exploration and mining company listed on the OTC BB. Currently, the Company is focusing on acquiring an operating or pre-production stage gold mine in the Americas and exploring its gold properties in north and central British Columbia. Additionally, it is seeking a partner to advance its high-grade, underground, New Polaris gold mine project in British Columbia to the feasibility stage. Canarc Resource has its headquarters in Vancouver, British Columbia.
Concerning Gold Projects, Canarc’s core asset is the 100 percent owned, past-producing, high-grade New Polaris gold mine project in northwestern British Columbia. Based on an updated NI 43-101 resource estimate using a 6 gpt gold cutoff grade, the New Polaris property currently contains measured and indicated resources of 519,000 oz gold contained in 1,288,000 tonnes grading 12.5 gpt gold. It contains inferred resources totaling 636,000 oz gold contained in 1,628,000 tonnes grading 12.2 gpt gold (still open for expansion in other veins and at depth).
Also, Canarc Resource has its Windfall Hills gold project. Windfall Hills is 65 kilometers south of Burns Lake and 90 kilometers’ northwest of Richfield Ventures’ Blackwater gold discovery in central British Columbia. The Windfall Hills project encompasses claims totaling 3879 hectares situated within the same geological belt of Tertiary volcanic rocks as Richfield’s Blackwater gold discovery.
In May of this year, Canarc Resource announced that it closed the sale transaction under the definitive agreement announced on May 9, 2016 with Endeavour Silver Corp. (EXK) pursuant to which Canarc Resource sold to Endeavour Silver 100 percent of the shares of Canarc’s wholly-owned subsidiary, Oro Silver Resources Ltd., which indirectly holds a 100 percent interest in the El Compas Gold-Silver Mine Project in Zacatecas, Mexico, in consideration for 2,147,239 free-trading common shares of Endeavour, with a collective deemed value of CAD$10.5 million.
Canarc Resource management remains centered on acquiring near term gold-silver-copper mining assets in Mexico, the United States and Canada, together with a renewed effort to advance its New Polaris and Windfall Hills projects.
This month, Canarc Resource announced that after having received regulatory approvals, it has closed the definitive agreement with Eureka Resources, Inc., pursuant to which Canarc has an exclusive option to acquire up to a 75 percent interest in the FG Gold Property positioned roughly 100 kilometers east of Williams Lake in central British Columbia.
Canarc Resource Corp. (CRCUF), closed Monday's trading session at $0.0965, down 3.50%, on 57,200 volume with 7 trades. The average volume for the last 60 days is 242,860 and the stock's 52-week low/high is $0.0266/$0.1169.
FlexShopper, Inc. (FPAY)
We are reporting on FlexShopper, Inc. (FPAY) today, here at the QualityStocks Daily Newsletter.
FlexShopper, Inc. is an online provider of lease-to-own (LTO) financing and payment solutions for consumers. FlexShopper, LLC, is a wholly-owned subsidiary of FlexShopper, Inc. FlexShopper, LLC is a financial and technology business that provides brand name durable goods to consumers on a lease-to-own (LTO) basis via its ecommerce marketplace (www.FlexShopper.com) and patent pending LTO payment method. FlexShopper was earlier named by Internet Retailer as the fastest growing consumer electronics e-retailer in the United States for 2015.
The Company formerly went by the name Anchor Funding Services, Inc. It changed its corporate name to FlexShopper, Inc. in October 2013. FlexShopper is based in Boca Raton, Florida. The Company’s shares trade on the OTC Markets Group’s OTCQB.
FlexShopper also provides LTO technology platforms to retailers and e-tailers to enter into transactions with consumers that want to acquire durable goods, but do not have enough cash or credit. In addition, FlexShopper funds the LTO transactions by paying merchants for the goods and collecting from consumers under an LTO contract.
The Company provides consumers three distinct ways of obtaining brand name goods on an LTO basis. At its LTO e-commerce marketplace consumers can choose from greater than 80,000 different items. This includes electronics, white goods, furniture, musical instruments, as well as equipment.
On third-party e-commerce sites featuring FlexShopper's LTO payment method, consumers can activate the Company’s payment button at checkout. Consumers can also use FlexShopper's automated kiosk in certain retail locations. Qualifying consumers can be approved in minutes for spending limits. Furthermore, they may own their items after making 52 weekly payments or by exercising an early payment option.
Recently, FlexShopper announced its financial results for continuing operations for the quarter ended June 30, 2016, highlighted by record results. The Company’s results for the three months ended June 30, 2016 in comparison to the three months ended June 30, 2015 include Total Revenues increasing 147.2 percent to $10.7 million. Lease Originations grew from 6,893 to 11,296. This represents a 63.9 percent increase. Its Net Loss increased to $3.6 million, or $(0.07) per share, versus a Net Loss of $1.8 million, or ($0.04) per share.
Results for the six months ended June 30, 2016 in comparison to the six months ended June 30, 2015 include Total Revenues increasing 157.9 percent to $20.9 million. Lease Originations increased from 10,653 to 20,147. This represents an 89.1 percent increase. Its Net Loss increased to $6.3 million, or $(0.12) per share, versus a net loss of $3.2 million, or $(0.07) per share.
FlexShopper, Inc. (FPAY), closed Monday's trading session at $0.50, up 2.04%, on 7,900 volume with 5 trades. The average volume for the last 60 days is 8,035 and the stock's 52-week low/high is $0.25/$0.68.
Ami James Brands, Inc. (AJBI)
AimHighProfits and AllPennyStocks reported earlier on Ami James Brands, Inc. (AJBI), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Ami James Brands, Inc. is a licensing and brand management company based in Miami Beach, Florida. The Company has a core portfolio rooted in human artistry, fashion, apparel and the tattoo environment. Ami James Brands centers on designing, marketing, distributing, and selling apparel under the Ami James and Ami James Ink brand names. The Company sells to fashion-conscious consumers in North America, Europe, Asia, and South America. Established in 2011, the Company formerly went by the name Quorum Corp. It changed its name to Ami James Brands, Inc. in September of 2015.
Ami James Brands is the master licensee of all Ami James branded products. This includes all categories of men’s and women’s fashions and accessories, footwear, children’s fashions, toys and also numerous other categories such as restaurant franchising, sporting goods, together with health and wellness accessories.
Ami James Brands offers a men’s and women’s line of jeans and pants; T-shirts and tops; caps, beanies, and accessories; footwear; and seasonal and special edition items. It also sells its products through the e-commerce site amijamesbrands.com.
Ami James Brands announced in late June that further to its press release dated June 1, 2016, Ami James Brands and Yellow Cab Productions, Inc. (YCP) executed a Joint Venture (JV) Agreement for a collaborative limited edition Ami James hat collection. YCP is the exclusive licensor of Frank's Chop Shop™ merchandise. This includes caps, hats, t-shirts, and also accessories.
With this agreement, Ami James Brands and YCP will participate in a profit sharing arrangement where both parties share profits at a 50/50 rate net of all costs associated with each unit. The contract covers a three season collection over a period of three years with the ability to do multi-season collections. In addition, Ami James Brands will also be providing joint marketing and promotional efforts to help in brand awareness. It will also provide ongoing retail and online support.
Last month, Ami James Brands announced it will enter the temporary tattoo market. With the recent addition of Mr. Matthew Kirsh to its Strategic Advisory Board and his accessory manufacturing know-how, the Company said that the timing and opportunity were optimal to begin a launch of temporary tattoos into the Ami James Brands product portfolio.
This month, Ami James Brands announced it will commence an initial new product run. The Company announced that White Paper Co. will be producing initial new product samples covering various accessory categories.
A number of new potential Ami James tattoo inspired accessory products/categories are now in development. These include hats; wireless Bluetooth headphones, phone cases/skins; dinnerware and sushi sets; watches; and lighters.
Ami James Brands, Inc. (AJBI), closed Monday's trading session at $0.21, up 5.00%, on 8,000 volume with 5 trades. The average volume for the last 60 days is 207,517 and the stock's 52-week low/high is $0.1025/$1.00.
Net Element, Inc. (NETE)
The QualityStocks Daily Newsletter would like to spotlight Net Element, Inc. (NETE). Today, Net Element, Inc. closed trading at $1.18, off by 2.48%, on 214,643 volume with 537 trades. The stock’s average daily volume over the past 60 days is 578,426, and its 52-week low/high is $0.50/$4.60.
Net Element, Inc. (NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprises in the United States and select emerging markets. Leveraging a network of subsidiaries operating in the mobile payments and value-added transactional services space – including Unified Payments, Aptito and PayOnline – Net Element is committed to promoting consistent and strong growth, as illustrated by its position as one of the South Florida Business Journal's 'Top 25 Fastest-Growing Technology Companies'. In the first seven months of 2016 alone, the company realized a 77 percent year-over-year increase in transactional processing volume when discounting the effects of foreign currency exchange.
A major contributor to this sustained growth has been Net Element's PayOnline subsidiary, which offers state-of-the-art payment technologies that are currently employed by more than 3,000 online enterprises across Europe and Asia. To bolster this position, the company has continued to expand its presence in Central Asia, most recently through the opening of a new office in Kazakhstan, the largest country in the region. Since its first anchor project in Kazakhstan in June 2015, PayOnline has entered agreements with more than 180 online merchants in Central Asia, and the region is expected to offer an opportunity for tremendous growth in the coming years as the proliferation of electronic commerce takes hold.
The growth of PayOnline throughout Eurasia has been accompanied by both awards and industry recognition. Independent analytical agency Markswebb Rank & Report ranked PayOnline as a top five payment acceptance company in its 2016 Internet Acquiring Rank report, and a second analytical agency, Tagline.ru, ranked PayOnline as a leading payment gateway in its 2016 Payment Systems Rating. The company's management team attributes this success to PayOnline's "innovative, customer-focused products and services."
Net Element is led by a seasoned management team offering a unique blend of leadership, vision, experience and creative energy. Oleg Firer, the company's chief executive officer, formerly served as the executive chairman of Unified Payments up until its acquisition by Net Element's TOT Group in April 2013. Under his guidance, Unified Payments achieved rapid growth, earning the top spot on Inc. Magazine's list of fastest-growing companies in 2012. As a result, Firer was recognized by Forbes as one of the 'Five Incredible Entrepreneurs' and by Business Leader Magazine as a 'Top Entrepreneur in South Florida'. Disclaimer
Net Element, Inc. Company Blog
Net Element, Inc. News:
Net Element Announces Growth in Transaction Processing Volume
Net Element Named One of the Fastest-Growing Technology Companies in South Florida Business Journal's 2016 Technology Awards
Net Element's PayOnline Payments Module Is Now Available for Most Popular E-Commerce and CMS Platforms
Agora Holdings, Inc. (AGHI)
The QualityStocks Daily Newsletter would like to spotlight Agora Holdings, Inc. (AGHI). Today, Agora Holdings, Inc. closed trading at $0.174475, up 3.30%, on 1,482,216 volume with 306 trades. The stock’s average daily volume over the past 60 days is 306,183, and its 52-week low/high is $0.01/$0.7999.
Agora Holdings, Inc., parent company of Geegle Media, today issued a corporate update regarding its recently launched FRAME application, anticipated future development of the app, as well as other ongoing company endeavors. In part, Agora announces the availability of its FRAME social media management application to the general public. The app can now be found on Frame.ms or in the Adroid store with the iOS-compatible version to be released next week.
Agora Holdings, Inc. (AGHI), together with its wholly-owned subsidiary, Geegle Media, is leading a diversified family entertainment and media enterprise through business segments which include: TV on Demand, interactive media, business products and consumer platforms. With its multi-dimensional approach, Geegle Media supports Agora Holdings' mission to deliver innovate and high-quality business solution products and to deliver video content from around the world.
Geegle Media web platforms include; GeegleTV, Frame, 1000Salads, RealtyTV and LobbyTV. Geegle TV is a multi-platform video entertainment website that curates high-quality video content from around the world. In 2016, GeegleTV will serve as co-producer by airing original content. By exposing undiscovered content to millions of users and rendering it shareable to social media, Geegle TV will serve as a marketing partner to local and internationally based TV shows not yet on the open market.
For commercial use, Geegle Media provides a variety of solutions that include web development and billing software for VoIP applications. RealtyTV is its state-of-the-art platform for real estate brokerages. LobbyTV is another of its widely used products by business offices. For individuals, Geegle TV combines radio, On Demand movies, news, sports and children's content.
Geegle Media is also developing 1000salads, an online hub that encourages healthy lifestyles. The portal will feature recipes and products, health-oriented articles and a curated selection of local restaurants and grocers that deliver to the health-conscious user. Currently in its alpha stage of development, 1000salads is gearing up its sales and marketing in preparation for its launch in 2016.
Geegle Media differs from other On Demand providers, such as Netflix and HBO, in that its service is free of constraints such as subscription, fees and penalties. As consumers increasingly opt for personalized sources of entertainment, Agora recognizes the vast opportunities and growth potential provided by the rising popularity of TV On Demand. The company also benefits from strong and visionary management with a track record of bringing innovative ideas to fruition. Disclaimer
Agora Holdings, Inc. Company Blog
Agora Holdings, Inc. News:
Agora Holdings, Inc. Issues Corporate Update on Current, Future Endeavors
Agora Holdings, Inc. Launches FRAME Social Media App
Agora Holdings Inc. Audit Is Complete, Company Continuing to Progress Its Plans to Move Up the Board to QB Level
Laguna Blends Inc. (LAGBF)
The QualityStocks Daily Newsletter would like to spotlight Laguna Blends Inc. (LAGBF). Today, Laguna Blends Inc. closed trading at $0.1837, up 20.07%, on 2,800 volume with 3 trades. The stock’s average daily volume over the past 60 days is 16,257, and its 52-week low/high is $0.069/$0.267.
Laguna Blends Inc. (LAGBF) is a network marketing company focused on the generation of sales through independent affiliates. Leveraging innovative tools and technologies, the company's affiliates are able to build international businesses from their own homes while effectively capitalizing on the performance of some of the world's most rapidly expanding, in-demand markets. To date, Laguna's primary focus has been on the hyper growing hemp food and beverage marketplace. As part of these efforts, the company introduced Caffe, a hemp-infused instant coffee product, and is preparing to launch Pro369, a water soluble hemp protein powder.
As a network marketing company, Laguna is strategically positioned to grow very quickly following its entry into the rapidly expanding hemp market space. In early March 2016, the company gave prospective shareholders a preview of this potential when it launched sales of its protein coffee beverage through 135 independent affiliates throughout the United States and Canada. In less than a week, Laguna's affiliate base grew by more than 100 percent to include 278 independent marketers, demonstrating the high levels of demand for functional beverage products across North America, as well as the considerable interest in the viable business opportunity Laguna presents to its affiliates.
Through the commercialization of Caffe and Pro369, Laguna is establishing a foothold in two high-demand global markets. According to reports from the Coffee Association of Canada (CAC), coffee is consumed by a larger proportion of adults than any other beverage, excluding water. In recent years, the emergence of energy drinks has slowed the coffee industry's performance, but the single cup serving market, of which Caffe is a part, has maintained steady growth, rising above 32 percent market share as of January 2014, according to Mintel Research. With a product in this space - as well as the global hemp industry, which was valued at nearly $500 million in 2012 by the Hemp Industries Association - Laguna's initial offerings position it strongly for sustainable growth.
With growth through its marketing network already underway, Laguna has turned its attention toward further expansion of its product line. In March 2016, the company signed a letter of intent with Robert Lamberton Consulting regarding the development of a "Limitless functional beverage brain health and memory coffee" product. Under the terms of this LOI, all hard costs associated with the development of the product will be billed to Robert Lamberton Consulting. The two parties are expected to enter into a formal research and development agreement outlining the details of this arrangement in the second quarter of 2016.
Laguna is the first network marketing Company to use exciting virtual 3D technology to enable affiliates to train, recruit and drive sales by utilizing a simple interactive platform. Laguna believes this technology is a game changer in the Direct Selling / Network Marketing Industry. Disclaimer
Laguna Blends Inc. Company Blog
Laguna Blends Inc. News:
Laguna Announces Inclusion in Canadian Securities Exchange Composite Index
Laguna Announces VIP launch of CannaCeuticals CBD Skin Care Products
Laguna Blends Closes First Tranche of Private Placement for $406,800
Singlepoint, Inc. (SING)
The QualityStocks Daily Newsletter would like to spotlight Singlepoint, Inc. (SING). Today, Singlepoint, Inc. closed trading at $0.0108, up 19.34%, on 1,240,178 volume with 31 trades. The stock’s average daily volume over the past 60 days is 819,435, and its 52-week low/high is $0.0046/$0.018.
Singlepoint, Inc. (SING) provides mobile technology and marketing solutions that enable companies, nonprofits and religious organizations to conduct business transactions, accept donations, and engage in targeted communication via mobile devices. Through diversification of its own model, the company is also leveraging its core technology to expand into the mobile auctions and daily fantasy sports markets.
SING currently has two fundraising solutions. Text2Bid is an interactive way to increase auction revenues. The technology makes it easy for people to bid in auctions from any text or web-enabled phone. Donate by Text allows nonprofits to securely collect one-time or recurring donations via text. This capability creates a personal experience for the donors, and enables ongoing communication between the donor and nonprofit or event sponsor.
SING's payment solutions include point-of-sale (POS) terminals, loyalty programs, payment processing, phone services and financing. Pay by Text™ enables a business to accept payment transactions and, in essence, turns the user's mobile phone into a point-of-sale device. Operating on the same platform as mobile marketing, Pay by Text is designed to increase revenues, raise the average per-transaction amount, and create a fast, easy and hassle-free method of payment.
As part of its diversification and expansion strategy, SING recently acquired an interest in DraftFury (www.draftfury.com), a company that offers skill-based NBA, NFL and MLB daily fantasy sports (DFS) contests. DraftFury is known for its innovative offerings and originality, and is the first cash-flow-positive DFS enterprise. This transaction places SING in a multi-billion dollar industry expected to generate entry fees of $14.4 billion in 2020. Under the guidance of a leadership team well-versed in technology, engineering, marketing and raising capital, SING anticipates a strong foothold in its chosen markets. Disclaimer
Singlepoint, Inc. Company Blog
Singlepoint, Inc. News:
SinglePoint, Inc. Provides Update on Corporate Audit and Advancement to OTCQB
Singlepoint, Inc. (SING) to be Featured on MoneyTV with Donald Baillargeon, 9/16
SinglePoint, Inc. to Capitalize on the Multi-Million Dollar 'Pokemon Go' Phenomenon With Custom Mobile Application
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 $0.25, off by 2.85%, on 3,000 volume with 1 trade. The stock’s average daily volume over the past 60 days is 4,676, and its 52-week low/high is $0.25/$1.10.
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 Reports on Sully Discovery Following Evaluation of Exploration Targets in the Balmat-Edwards Mining District, St. Lawrence County, New York
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
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The QualityStocks Public Company Sponsor News
- Get profiles for new featured companies at clients.qualitystocks.net
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- iGambit, Inc. (IGMB) and HubCentrix Inc. Sign Letter of Intent for iGambit Inc. to Acquire the Assets of HubCentrix Inc.
- Laguna Blends Inc. (LAGBF) Announces Inclusion in Canadian Securities Exchange Composite Index
- Monaker Group, Inc. (MKGI) Alternative Lodging Vacation Rentals Gain Exposure to Decision Makers at Over One Million Companies Worldwide
- Net Element, Inc. (NETE) Announces Growth in Transaction Processing Volume
- Oakridge Global Energy Solutions, Inc. (OGES) Announces Top Tier Management Team
- OurPet's Company (OPCO) HLicenses Polymer Bonded Patent
- Singlepoint, Inc. (SING) Provides Update on Corporate Audit and Advancement to OTCQB
- Star Mountain Resources Inc. (SMRS) Reports on Sully Discovery Following Evaluation of Exploration Targets in the Balmat-Edwards Mining District, St. Lawrence County, New York
- WRIT Media Group, Inc. (WRIT) Announces New Funding Round