Southern Arc Minerals Inc. is a Canadian mineral exploration company focused on gold and copper-gold exploration. Southern Arc is a "project generator". Southern Arc's management team identifies undervalued or underexplored assets, acquires large prospective land positions, completes initial exploration to verify prospectivity, and then seeks out funding partners to advance the properties while minimizing Southern Arc's risk.Southern Arc concentrates on acquiring and exploring areas on which there has been previous exploration activity. Southern Arc also focuses its activities in areas with established infrastructureSouthern Arc holds a significant interest in a diverse portfolio of resource projects.The Company owns an interest in the West Lombok project in Indonesia, a resource-stage property with several gold-rich copper porphyry and epithermal gold vein prospects. Southern Arc also holds an investment in Osisko Mining Corporation, which is advancing several gold projects in Canada, and will soon be the largest shareholder in a new exploration company focused on gold exploration in Japan. Southern Arc is listed on the TSX Venture Exchange under the symbol "SA".Southern Arc's West Lombok property comprises a 13km long by 7km wide structural corridor of hydrothermal mineralization and alteration on Indonesia's Lombok Island. Previous exploration by Newmont Mining established the presence of epithermal and porphyry mineralization on a district scale with three large prospects: the Pelangan epithermal gold prospect, the Mencanggah epithermal/porphyry copper-gold district, and the Selodong intrusive copper-gold complex. Southern Arc has completed more than 40,000 metres of drilling on the property and published the first resource estimate for the West Lombok property in July 2013, with an inferred resource totaling 1.49 million ounces of gold, 1.82 million ounces of silver and 397.3 million pounds of copper from three open-pittable epithermal gold deposits and one porphyry copper deposit.
Company Name | Southern Minerals, Inc |
Business Category | Gold |
Address | Suite 3123 595 Burrard Street Vancouver British Columbia Canada ZIP: V7X 1J1 |
President | Michael Andrews |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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