Newport Exploration Ltd. (NWX)
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Newport Exploration Ltd. Profile
| Metals & Mining Industry | Materials Sector | Mr. Ian Terry Rozier B.Sc. (Hons), M.Sc., P.Eng. CEO | TSX-V Exchange | CA6518531034 ISIN |
| US Country | - Employees | 11 Jun 2024 Last Dividend | 4 Feb 2002 Last Split | - IPO Date |
Overview
Newport Exploration Ltd. is a natural resource company that has been operating since its incorporation in 1979. Based in West Vancouver, Canada, the company is primarily involved in the acquisition and exploration of resource properties. With its focused approach on discovering and developing valuable natural resources, Newport Exploration Ltd. has established significant projects in Canada and Australia, notably the Chu Chua copper-gold project in British Columbia, Canada, and a noteworthy involvement in oil and gas permits in the Cooper Basin, Queensland, Australia.
Products and Services
- Chu Chua Copper-Gold Project
- Newport Exploration Ltd. holds a 100% interest in the Chu Chua copper-gold project, which is located to the north of Kamloops, British Columbia, Canada. This project represents the company's foray into the lucrative copper and gold mining sector, targeting the exploration and potential development of these high-demand minerals.
- Gross Overriding Royalty Interest on Oil and Gas
- The company also holds a 2.5% gross overriding royalty interest in oil and gas permits in the Cooper Basin, located in Queensland, Australia. This involvement allows the company to benefit from the exploration, development, and production activities in this rich hydrocarbon-producing region without the direct operational challenges and costs associated with such ventures.
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