TSXV: CFM       Confederation Minerals Ltd
Last Price Today's Change   Day's Range   Trading Volume
0.165   +0.015 (10.00%)  0.15 - 0.18  28,722


Avg Volume (4 weeks):0
Average Price Target:-


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Business Background

Confederation Minerals Ltd. is a junior resource company whose business is to seek out and develop mineral deposits. The Company's principal business activity is the exploration of exploration and evaluation assets. The Company has interest in Redstar's Newman Todd gold project (the Property) in the Red Lake Mining District of Northern Ontario. The Company also owns certain mineral claims in northern Ontario known as the Confederation Lake claims (sometimes referred to as the Mitchell-Belanger claims). The Company also owns an interest in certain other claims adjacent to the Property. Total drilling on the property is approximately 54,800 meters in over 164 holes over approximately 1.8 kilometers of strike length within the highly-altered, gold-bearing Newman Todd Structure (NTS). Total drilling by the Company at Newman Todd totals approximately 42,640 meters in over 110 holes.

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