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5

55 North Mining FFF.CN · CAD

N/A · Canadian Securities Exchange · 🇨🇦 Canada

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About 55 North Mining

Its shares trade on Canadian Securities Exchange under the ticker FFF.CN. It has been listed since 20 April 2021.

55 North Mining, Inc. engages in the acquisition, exploration, and evaluation of mineral properties. The company is headquartered in Toronto, Ontario. The company went IPO on 2021-04-20. The firm is engaged in the acquisition, exploration, development and extraction of natural resources, specifically precious metals. The Last Hope Property is located approximately 23 kilometers (km) south-east of the town of Lynn Lake in northern Manitoba, Canada. The property is approximately centered at latitude 387,000 east and longitude 6,283,000 north and is located approximately 810 km northwest of Manitoba’s capital and Winnipeg city. The Last Hope Property comprises about 15 claims covering an area of 3,513 hectares. The Last Hope Gold Project hosts an indicated mineral resource of 408,300 tons grading 5.41 g/t Au for 71,100 ounces of gold, and an Inferred resource of 1,553,000 tons grading 5.48 g/t Au for 273,800 ounces of gold. Its wholly owned subsidiary is 55 North Mining Operations Inc.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
N/A
Industry
N/A
Listed since
20 Apr 2021

Leadership

Pay as last reported

  • Mr. Bruce ReidChairman of the Board, President, Chief Executive Officer, since 2015C$72,000
  • Mr. Julio DigirolamoChief Financial OfficerC$60,000
  • Ms. Sandra JacksonIndependent DirectorC$19,000
  • Mr. Herbert UrtonIndependent DirectorC$19,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Last Hope Property hosts 408,300 tons of indicated gold resource at 5.41 g/t Au.
  • The Last Hope Gold Project has 1,553,000 tons of inferred gold resource at 5.48 g/t Au.
  • 55 North Mining Operations Inc. is a wholly owned subsidiary of 55 North Mining Inc.

Weaknesses

  • The Last Hope Property is located 810 km northwest of Winnipeg city in Manitoba, Canada.
  • The company's headquarters is in Toronto, Ontario, Canada, which may limit local market access.
  • The Last Hope Property covers 3,513 hectares with 15 claims in northern Manitoba.

Opportunities

  • The Last Hope Gold Project has 71,100 ounces of indicated gold resource.
  • The company can expand exploration in northern Manitoba's mineral-rich region.
  • The Last Hope Property is situated 23 km southeast of Lynn Lake town.

Threats

  • The Last Hope Property is 810 km northwest of Manitoba's capital Winnipeg.
  • The company's exploration activities face challenges in remote northern Manitoba locations.
  • The Last Hope Property is located in a remote area with limited infrastructure.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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