| Business Summary | | Misty
Mountain
Gold
Limited
is
in
the
business
of
acquiring
and
exploring
natural
resource
properties.
The
Company
is
principally
interested
in
locating
deposits
of
gold
and
is
focusing
its
efforts
on
exploring
the
known
mineralization
at
its
principal
resource
property,
located
on
Graham
Island
in
the
Queen
Charlotte
Islands,
British
Columbia,
Canada,
called
the
Harmony
Gold
Project.
The
Company
does
not
have
any
resource
properties
on
which
commercial
mining
operations
exist,
nor
has
the
mineralization
contained
in
its
properties
been
determined
to
be
commercially
mineable
ore.
Under
a
February
22,
2001
agreement,
the
Harmony
Project
will
be
transferred
to
Gibraltar
Mines
Ltd.
Gibraltar
will
transfer
to
Misty
Mountain
its
option
to
acquire
certain
British
Columbia
mineral
claims
(the
Westgarde
Prospect),
on
which
a
drill
target
has
been
identified.
As
of
May
22,
2001,
this
reorganization
was
pending
approval
from
the
Canadian
Venture
Exchange. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Misty
Mountain
Limited
is
engaged
in
the
exploration
of
mineral
properties
to
gold
ore
deposits.
The
Company's
principal
mineral
property
interest
comprised
of
being
mineral
claim
on
Graham
Island,
Queen
Charlotte
Islands
-Haida
Gwaii,
BC.
For
the
three
months
ened
3/31/01,
Company
reports
no
revenues
vs.
an
income
of
C$293.
Net
loss
rose
47%
to
C$98
thousand.
Results
reflect
the
absence
of
any
revenue
generating
activities
and
higher
operating
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | Robert
G. Hunter,
Chmn. Raymond
J. Soper,
Vice
Chmn. Ronald
W. Thiessen,
Pres./CEO Jeffrey
R. Mason,
CFO/Secy. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|