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Home > Company Index > Metals & Mining > Copper > Adrian Resources Ltd.

Adrian Resources Ltd.
OTC: ADRRF
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 PROFILE
There's more to Panama than a canal -- there's gold. Adrian Resources owns 52% of Minera Petaquilla, which mines gold, copper, and other minerals in the Petaquilla district of Panama. (Inmet Mining owns 48% of Minera Petaquilla.) Low mineral prices have placed mining operations at Petaquilla on hold, however, and Teck Corp. has deferred its right to acquire half of Adrian's interest in the project. Estimated reserves at Petaquilla include more than nine billion pounds of copper, one million ounces of gold, 24 million ounces of silver, and 130 million pounds of molybdenum. Adrian also has options to acquire a 20% stake in the Baca Grant Ranch oil and gas properties in Colorado.

 COMPETITION
AngloGold Limited (AU)
Barrick Gold Corporation (ABX)
Newmont Mining Corporation (NEM)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 0.10
1-Yr. Sales Growth: (65.3)%
Employees: 6
Revenue per employee: $16,666.67

 KEY PEOPLE
• Chet Idziszek
    CEO
• Naomi Corrigan
    CFO

 CONTACT INFO
Ste. 2000, Guinness Tower
Vancouver British Columbia V6E 2E9, Canada
Phone: 1-604-331-8772
Fax: 1-604-331-8773
Online: Web Site

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