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The company was formed in 2016 and in early 2017, acquired Ursa Major Minerals, a private company that owned the past producing Shakespeare Mine and Shining Tree project. Shakespeare is situated 70 km to the south-west of the Sudbury Basin. Magna has since assembled a contiguous land package of over 180km², much of which has seen little exploration work and yet remains prospective for further nickel, copper and PGM discoveries.
Yale Resources Ltd. is a Vancouver, BC-based company in the Agriculture and Mining sector.
Sandspring Resources Ltd is a Canadian-listed junior gold mining company leading the responsible development of South America`s emerging western Guyana gold district. Focused on bringing into production its 100%-owned 4.1 million ounce Toroparu Gold Project, Sandspring continues to explore its 98,214-hectare concession with the aim of realizing the geologic potential of this highly prospective, mining-friendly jurisdiction. The Toroparu Gold Deposit lies within a mineralized corridor that is approximately 2.7 km long, 200 m to 400 m wide, and over 400 m deep. Ore from the deposit will be mined from a conventional open pit that the Company expects to have operational by 2016. The ore processing facility will consist of separate leaching and flotation circuits that produce both gold doré bars that will be flown off-site, and gold-bearing copper concentrates for shipment to a custom smelter. This facility is expected to process an initial throughput of 19,000 tons per day, and increase to 22,500 tons per day in its fourth year of production.
Parks Petroleum Inc is a Porterville, CA-based company in the Agriculture and Mining sector.
Great Lakes Graphite Inc. is an industrial minerals company focussed on bringing value-added carbon products to a well-defined market. The Company`s Innovation Division has entered into long-term agreements for use of the Matheson Micronization Facility and for supply of high quality natural graphite concentrate which are positioning Great Lakes Graphite to become an emerging domestic manufacturer and supplier of micronized products to a growing regional customer base where pricing and demand continue to rise. The Company is not sourcing graphite feed for its Matheson Micronization Facility from its mineral projects.