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Silver Bear is focused on the development of its wholly-owned Mangazeisky Silver Project, covering a licence area of ~570 sq km that includes the high grade Vertikalny deposit (amongst the highest grade silver deposits in the world) located 400 km north of Yakutsk in the Republic of Sakha within the Russian Federation. The Company was granted a 20-year mining licence for the Vertikalny deposit in September 2013 and completed a Preliminary Economic Assessment in February 2014. The Feasibility Study, scheduled for completion in H2 2015, is contracted to Tetra Tech in the UK with SRK and ERM as subcontractors for the mining and environmental studies respectively.
Spruce Ridge Resources Limited, an exploration stage company, engages in locating, acquiring, and exploring mineral resources in Canada. The company primarily explores for uranium, gold, silver, and base metals. It primarily focuses on exploring the Kramer gold property located in western Newfoundland. The company also holds interests in two gold properties located in the Beardmore-Geraldton greenstone belt of northwestern Ontario and two uranium properties in Newfoundland. In addition, it has a 50% joint venture with RX Gold & Silver Inc. to hold interest in the Drumlummon Mine in Montana; and an option agreement with Nevada Exploration Inc. to acquire a 100% interest in the Fletcher Junction gold property located in Mineral County, Nevada. Spruce Ridge Resources Limited was incorporated in 1989 and is based in Simcoe, Canada.
Indigo Exploration Inc. is a Vancouver based junior exploration company focused on exploring for precious metal deposits in highly perspective geological terrains. Indigo`s projects are in Burkina Faso, one of the West African countries underlain by the productive and highly prospective Lower Proterozoic Birimian Greenstone Belt. Unlike the more mature exploration terrains of Ghana and Mali, Burkina Faso is relatively underexplored and offers excellent gold potential. The Company has four exploration permits in Burkina Faso through the acquisition of Sanu Resources Burkina SARL, a subsidiary of NGEx Resources Inc. Indigo has also entered into a option agreement to acquire a 100% interest, subject to a 1.5% Net Smelter Return (NSR) Royalty, in a 5th exploration permit in the country by making cash payments totalling $390,000 over the next three years. The NSR can be purchased for $1,800,000. Indigo Exploration Inc.’s corporate objective is to increase shareholder value by directing exploration dollars into the ground to advance and develop its quality mineral projects.
Oil Filter Recyclers Inc is a Easton, IL-based company in the Agriculture and Mining sector.
Applied Hydrology International is a Denver, CO-based company in the Agriculture and Mining sector.