| Business Summary | | Canyon
Resources
Corporation
explores,
acquires,
develops
and
mines
precious
metal
and
other
mineral
properties.
The
Company
is
involved
in
all
phases
of
the
mining
business
from
early
stage
exploration,
exploration
drilling,
development
drilling,
feasibility
studies
and
permitting,
through
construction,
operation
and
final
closure
of
mining
projects.
Canyon
has
gold
production
operations
in
the
Western
United
States,
and
conducts
exploration
activities
in
the
search
for
additional
valuable
mineral
properties
in
the
Western
United
States,
as
well
as
in
a
number
of
areas
in
Latin
America
and
Africa.
The
Company's
exploration
and
development
efforts
emphasize
precious
metals
(gold
and
silver).
Until
December
31,
1998,
the
Company
also
had
industrial
mineral
production
operations
(diatomite
and
pumice)
in
the
Western
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Canyon
Resources
Corp.
is
a
Colorado
based
company
egaged
in
the
exploration,
acquisition,
development
and
mining
of
precious
metals
and
other
mineral
properties.
For
the
six
months
ended
6/30/01,
revenues
fell
22%
to
$13.5
million.
Net
loss
totalled
$2.7
million,
up
from
$665
thousand.
Revenues
reflect
a
decrease
in
average
selling
prices
per
ounce
of
gold
and
silver.
Net
loss
also
reflects
a
$455
thousand
loss
on
derivative
instruments. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard De Voto, 66 Pres,
Chairman | $205K | Gary Huber, 49 VP-Fin.
and Sec. | 157K | Steven Banning, 49 VP-Operations | -- | Richard Phillips, 46 Treasurer | 103K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|