Resources Corp. is a metals and minerals exploration, development, and
production company focused on the acquisition and consolidation of mining
claims and mineral leases. Targeting projects located in historic mining
districts, the company is currently engaged in exploration and development
activities in connection with two high-grade copper, gold, silver, and base
metals properties located in historic mining districts in Beaver County and
Juab County, Utah.
The company’s Star Mountain project consists of 117 lode mining claims and four metalliferous mineral lease sections located in the Star Mountain range, Star Mining District. The project covers a total area of 4,998 acres with borders expanding as exploration warrants. Based on geological analysis, magnetometry studies, and reverse circulation drilling samples, the total inferred reserves at this site may ultimately involve more than 100 million metric tons of copper ore, plus precious and PGM base metals.
Jameson Stanford’s Spor Mountain project encompasses nine lode mining claims and three metalliferous mineral lease sections located in Juab County, Utah. The project covers a total area of 2,098 acres. Based on preliminary geological analysis and two prospect pit excavations, this site has been estimated to possibly involve more than 4 million ounces of silver, significant concentrations of beryllium, and other precious and base metals. The company’s Ogden Bay Minerals project nearby is another promising prospect with the potential to produce an estimated 100,000 metric tons of silica product per year, as well as other valuable minerals and metals.
Based on engineering and geophysical studies conducted by the company since inception in 2010, current mining claims and mineral properties have aggregate inferred reserves exceeding $10 billion of gross value at current market prices. In addition to initiating and expanding production operations through exploration discoveries and the development of existing mining claims and mineral properties, management’s growth strategy includes the identification and acquisition of additional under-developed mining claims and mineral leases in established mining districts.
Key Investment Highlights
$2.5 Million Revenue Runrate/Month Expected by End of May 2013
Executive Team Retains Decades of Experience and Leadership Expertise
Multiple Customers for Ore Production Already Lined Up
Positive EBITDA and Net Profit Projected for Current Fiscal Year
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