Waseco Resources Inc. (WRI:TSX-V; WSE: Frankfurt) is an exploration and development company with a highly experienced, entrepreneurial and results oriented management team. Currently, the focus is on a recently optioned gold property in Nevada called the Battle Mountain Ridge project. The property is undergoing systematic exploration programs designed to establish and add to the gold resource.
The Company also holds a number of prospective Uranium properties in the Quebec Labrador Trough. The Company is the operator of a joint-venture with Areva, the second largest uranium producer in Canada through its mining activities in Athabasca and a major explorer in Quebec. In addition to its Uranium interests, Waseco also has interests in base metal and diamond prospects.
Continue the sytematic exploration of the Battle Mountain Ridge Project in Nevada with the goal of establishing a mineable gold resource. Assess other complementary gold projects for potential acquisition or joint venture.
Leverage the solid foundation created from the Quebec Labrador Trough Uranium Project and its relationship with Areva to establish the Company as an exploration and development company that operates within the industry to the best international standards in a transparent and socially responsible manner.
Our goal, is to identify mineral resources through the acquisition, exploration and development of a select group of properties. To achieve this management is implementing a strategy that involves three key components:
- Acquire properties of merit, based upon sound geological models and past historic information;
- Seek a partner to fund the exploration and development programs that also brings valuable expertise;
- In conjunction with our partner, carry out state-of-the-art techniques to systematically and effectively explore our properties with a view to identify and develop economically viable deposits of uranium, gold, base metals or diamonds.
- Continue to increase the Company’s exposure within the mining and financial communities by providing meaningful results.
By implementing this strategy, management believes that the Company will succeed in creating shareholder value and establishing itself as environmentally responsible, contributor to employment, to wealth creation, and to sustainable growth.