Action Minerals Corp. ATM on TSX Venture Exchange. Contact Reza Mohammed @ 604-681-0004
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Since 2004, the Company’s principal focus has been the exploration and development of the Trident Copper Project, a group of historic copper assets and prospects lcovering ~24,000 ha in northeastern BC. Action has a 9% share interest in Churchill Copper Corp., which is developing the historic Magnum Mine, Keys and Neil Properties. However, in light of the downturn of the global economy and the resulting reduction in global copper consumption, the Company is in the process of sourcing additional projects, with an eye to improving share value. In consideration of the positive market for gold and gold stocks, Action is concentrating on the acquisition of near term gold assets. The Company is also evaluating acquisition targets in the energy sector, including uranium as well as oil and gas opportunities. Action is also in the process of streamlining its operations and financial commitments. The Company remains cautiously optimistic that copper demand and prices will improve, and should the luster of copper return, the Company believes it is well positioned to proceed immediately with noteworthy drill ready exploration projects. Action also controls the Santa Rosa Gold/Moly project in Nevada and the George River Gold Property in southern BC. The Company is in the process of changing its name to Aroway Minerals Inc. and consolidating its shares. The Company’s shareholders approved an up to 40 to 1 share consolidation earlier this year. |
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Copyright © Action Minerals Inc., 2006. All rights reserved. Report website problems to info@fannybay.com
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