| Business Summary | | Hanover
Gold
Company,
Inc.
was
organized
to
engage
in
mining
activities.
From
1992
to
September
1998,
the
Company
was
more
or
less
continuously
engaged
in
acquiring
and
exploring
mining
claims
in
the
Alder
Gulch
area
of
the
Virginia
City
mining
district
in
southwestern
Montana.
The
Company's
activities
consisted
of
diamond
drilling,
mapping
and
sampling,
lithologic
logging
of
drill
holes,
metallurgical
testing,
assaying
and
aerial
surveying.
During
this
period,
the
Company
was
also
engaged
in
some
very
limited
underground
development,
although
no
mining
or
milling
activities
have
been
conducted
since
1995.
Hanover
Gold
owns
125
unpatented
mining
claims
and
41
patented
mining
claims
in
the
Virginia
City
mining
district
of
Montana,
and
33
patented
mining
claims
at
Norris
and
Pony,
Montana,
35
miles
away.
All
but
one
of
these
claims
were
acquired
in
connection
with
its
1997
merger
acquisition
of
Eaton-Pacific
and
Riverside
Mining
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Hanover
Gold
Company,
Inc.
is
a
gold
exploration
and
development
company,
principally
engaged
in
acquiring
and
maintaining
gold
mining
properties
in
southwestern
Montana.
For
the
six
months
ended
6/30/01,
the
Company
generated
no
revenues.
Net
loss
decreased
51%
to
$77
thousand.
Results
reflect
a
reduction
in
general
and
administrative
expenses
and
continuing
curtailment
of
its
mining
property
development
and
exploration
activities. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Hobart Teneff, 80 | Pres,
CEO, Director | James Fish, 70 | VP,
Director | Wayne Schoonmaker, 64 | Sec.,
Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|