Mining Nerds



Kings Minerals NL

Ticker: KMN : ASX Description: Kings Minerals NL, together with its subsidiaries, engages in the exploration and development of precious and base metal properties. It primarily explores for gold, silver, copper, and base metal deposits. The company has a 51% interest in San Anton project comprising six exploitation concessions and three exploration concessions, covering an area of approximately 20,100 hectares, located in the state of Guanajuato, as well as owns a mining concession, which consists of approximately 3,628 hectares in the Guanajuato mining district. It also owns a 100% interest in Mount Isa project, including six exploration permits for minerals, covering approximately 1,419 square kilometers; owns Overlaiider prospect located 55km southeast of Mount Isa within Corella Group metasediments, adjacent to the Overiander Granite; and Even Steven prospect situated 58km east-south east of Mount Isa, within the Pilgrim Fault Zone, 16km to the north of Kalman. In addition, Kings Minerals owns a 100% interest in Ravenswood project comprising 12 exploration permits covering approximately 3,343 square kilometers. Further, the company has a 30% interest in Parker Range project located 25km south of Marvel Loch in the Southern Cross Greenstone Belt of Western Australia. Kings Minerals is based in Brisbane, Australia.
Shares (mm): 365.8
Market Cap (mm): $21.0
Cash Flow (mm): -$3.1
Cash (mm): $0.4
Last Price: $0.06
$ Change:+0
% Change: 0.00%
Volume: 4,185,000
Website: www.kingsminerals.com
Google Finance: http://finance.google.com/finance?q=KMN.AX&hl=en
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