HMLO Stock Discussion

Hemlo Explorers Inc. Description

Hemlo Explorers Inc. engages in the exploration and development of mineral properties in Canada. It explores for iron, gold, zinc, and other deposits. The company holds a 100% interest in the Hemlo North Limb project that includes 135 claim units comprising 2,160 hectares, as well as staked claims of 303 units totaling 4,848 hectares located to the northeast of Marathon, Ontario. It also holds interest in the Hemlo North and West properties that collectively consist of 414 claims totaling 6,833 hectares. In addition, the company holds a 100% interest in the Pic project, which includes the Wire Lake property that covers 251 claim units comprising 4,047 hectares; and the Black Raven property, which comprises 415 claim units covering approximately 6,640 hectares located in the northwest portion of the Hemlo Greenstone Belt. Further, it owns the Goodchild Lake property comprising 25 claim units totaling approximately 400 hectares; and a 100% interest in the Belcher Islands iron project, which covers 23,042 hectares located on the Belcher Islands in Nunavut, Canada. Additionally, the company holds royalty interest in the Crescent Lake project and Hawkins property. The company was formerly known as Canadian Orebodies Inc. and changed its name to Hemlo Explorers Inc. in May 2020. Hemlo Explorers Inc. was founded in 2008 and is headquartered in Toronto, Canada.

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mineral Gold Mineral Properties Zinc Stone Greenstone Belt Wire Nunavut Islands Marathon