Midlands Minerals Corporation

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$0.29

$ Change: -0.005
% Change: -1.72
Ticker: MEX:CDNX Reserves (M oz):
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Shares Outstanding (M):
30.04
Resources (M oz):
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Market Cap ($ M):
$8.56
Reserves + Resources (M oz):
0.000
Cash Flow ($ M):
0.00
MC per RR oz:
0.000
Cash ($ M):
$0.1
Production (k oz/yr):
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Volume:
119,000
MC/Production ($ per k oz):
0.000

Company Description

Midlands Minerals Corporation, a development stage company, engages in the exploration and development of mineral properties in Tanzania and Ghana. It primarily focuses on the gold and diamond exploration and development property in Tanzania and gold exploration property in Ghana. The company holds a 75% interest in the Itilima Gold and Diamond Project, which consists of two contiguous licenses totaling 65 square kilometers in the Lake Victoria Goldfields in Tanzania, as well as a gold reconnaissance license on 2,702 square kilometers in the New Kilindi area in Tanzania. Midlands also holds an 80% interest in the Kwahu Praso Gold Project, a 109 square kilometer property located on the northeast end of Ashanti Gold Belt in Ghana. In addition, the company holds interest in the Kaniago Gold project located 25 kilometers east of Anglogold Ashanti's Bibiani Mine. Further, it has an option to acquire 78% interest in Kwahu Praso property on the north-east end of the Ashanti Gold Belt. Midlands Minerals was incorporated in 2000 and is headquartered in Toronto, Canada.

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