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Coronado Resources Ltd. is a Canadian based exploration and development mining company that is focused on its 100% owned Madison Gold/Copper property in Montana, USA. Madison is a former producer that is now producing cash flow from high grade shipments which commenced in 2008 with recent grades averaging .47oz/ton gold and over 35%Cu/ton being shipped. The Madison region hosts well established processing and mining infrastructure. The company remains focused on expanding the Madison project with continued exploration and development from the cash flow from sales. Our proven management team is actively pursuing new mining opportunities for its shareholders. Coronado Resources shares trade under symbol CRD on the Canadian TSX Venture exchange and CRDAF in the USA.
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Coronado Resources is in a unique position of receiving cash flow from its 100% owned Madison Gold/Copper Property. The company has been shipping the gold and copper mineralization encountered in it's underground development. Proceeds from mineral recoveries have been funding operations and the continuing exploration and development.
Coronado Resources Highlights |
- Underground diamond drilling commenced fall 2009
- Gold and Copper mining ongoing from 100% owned Madison project in Montana USA
- Commenced high grade copper and gold shipment in mid 2008 which continue
- Recent Copper shipments averaging over 35% cu
- Recent Gold shipments averaging over .47oz/ton
- Year round exploration and development operational
- Decline and underground mine development favors additional upside into known copper and gold mineralization
- Onsite infrastructure of power, roads and processing
- Low market capitalization as a producer
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If you would like to speak with someone in the company call us directly at (604) 683-6338 or on our North American Toll free number - 1 (800) 811-2322.
Thank you for your interest in Coronado Resources Ltd.
The Coronado Team
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