Other Industrial Metals & Mining Industry | Basic Materials Sector | Mr. Peter W. Hogg B.Comm., CA, CPA CEO | CNSX Exchange | - ISIN |
Canada Country | - Employees | - Last Dividend | 14 Apr 2011 Last Split | - IPO Date |
Cerro Grande Mining Corporation is a specialized entity focused on the acquisition, exploration, evaluation, and development of mineral properties within Chile. This company, which initially began its journey as South American Gold and Copper Company Limited, embraced a new identity as Cerro Grande Mining Corporation in March 2011. Founded in 1990 and headquartered in Toronto, Canada, the corporation has dedicated itself to discovering and developing significant mineral wealth, primarily focusing on gold, silver, copper, and industrial minerals. Through its persistent efforts and strategic site selections, Cerro Grande Mining Corporation has positioned itself within the mining industry as a company with a solid potential for growth and development in the exploration of valuable minerals.
The core focus of Cerro Grande Mining Corporation lies in the exploration of gold, silver, and copper. By harnessing the rich mineral resources present in Chile, the company is actively involved in several projects that promise to uncover vast deposits of these precious and industrial metals. Their commitment to exploration is underpinned by the use of advanced geological research methods and sustainable mining practices.
Beyond the precious and industrial metals, Cerro Grande Mining Corporation also extends its exploration activities to include industrial minerals. This diversification underscores the company’s strategy to tap into different segments of the mineral extraction market, thereby broadening its scope and reducing the risks associated with the volatility of precious metal prices.
The Tordillo project, encompassing an area of 6,632 hectares located to the southwest of Pimenton, stands out as one of the flagship endeavors of Cerro Grande Mining Corporation. This project underscores the company’s commitment to exploring and potentially developing sites that show promise for significant mineral deposits.
Among the company’s assets is the Pimenton mine, which has been a focal point for the exploration and extraction of gold, silver, and possibly other minerals. This site exemplifies Cerro Grande Mining Corporation’s capability to manage and operate mining projects with the potential for high returns on investment.
In addition to precious and industrial metals, Cerro Grande Mining Corporation has interests in limestone deposits, including the noted Catedral and Cal Norte sites. These deposits contribute to the diversity of the company’s portfolio and highlight its flexibility in mining various types of mineral resources.