Crown Mining Corp.
Crown Mining Corp. is a junior exploration and development company listed on the TSX Venture Exchange (symbol: CWM). Crown is focused on advancing its 100%-owned Moonlight-Superior Copper Project in mining-friendly Plumas County, California to the production stage.
Moonlight-Superior Copper Project
The Moonlight-Superior Copper Project in Northeast California, in a quartz monzonite intrusion known as the Lights Creek Stock that measures 18 square kilometers in area, has a current NI 43-101 resource of over 2 billion pounds of copper, 750,000 ounces of gold, and 25 million ounces of silver.
1915-1930 California-Engels Mining Company
1962-1994 – Placer AMEX
2004-2011 – Various junior explorers
2013-2017 – Crown Mining
The Moonlight-Superior Copper Project includes four known copper deposits, three of which host the following NI 43-101 resources:
Moonlight- Superior Geology
On November 27, 2017, Crown announced that it has retained Tetra Tech to complete a Preliminary Economic Assessment (PEA) on its Moonlight-Superior Copper Project. The PEA will be done solely on the Moonlight deposit. Further details of the Moonlight resource can be found in the Technical Report on the Moonlight Copper Property dated April 12, 2007 at Sedar.com. Further details of the Superior and Engels resource can be found in the Technical Report on the Superior Project dated November 7, 2014 filed on SEDAR which also discloses a historical resource estimate for the fourth deposit.
Copper Demand Will Exceed Current Supply
Management, Consultants and Directors
Stephen Dunn, BA, MBA, President and Chief Executive Officer, Director
Mr. Dunn has over 30 years of experience in the investment industry having worked with a large Canadian insurance company, a Canadian Schedule A bank, and two Canadian investment dealers. He has extensive experience in the capital markets and has been a director of numerous resource companies.
Rich Morrow, MBA, Chief Financial Officer and Director
Mr. Morrow has a strong background in Capital Markets and in Corporate Development (M&A). His international business experience includes negotiations, transactions and investments in South America, Europe, Africa and China.
Bob Suda, Geological Consultant
Mr. Suda has worked in the mining business for over thirty-five years. He served as Exploration Director of Garrison International, as well as Vice President, Exploration for Portage Minerals Inc. and FDG Mining Inc.
Johnny Oliveira, Honours BBA, CA, Office Manager
Mr. Oliveira has served in various capacities with Crown since June 2010. In his current role at Crown, he is responsible for financial reporting, preparation of financial statements and Management Discussions and Analysis reports.
James Fairbairn, CA, ICD.D, Director
George Cole, Director
Peter McRae, Director
On December 14, 2018, Crown Mining Corp. announced that it has arranged a non-brokered private placement for aggregate gross proceeds of up to $100,000 with up to one million units at a price of 10 cents per unit (each such unit comprising one common share and one warrant). The Company intends to use the proceeds of the private placement for general working capital purposes.
On January 4, 2018, Crown Mining Corp. has released test results from its initial metallurgical testing of mineralized samples from its Moonlight and Superior copper sulphide deposits located in the Lights Creek copper district, Plumas county, northern California. The metallurgical testwork for the Moonlight deposit resulted in a copper recovery of 88 per cent with a concentrate grade of 32.1 per cent copper.