Aloro Mining Corp. (4LPP)
XFRA 
Summary
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Aloro Mining Corp. Profile
| Metals & Mining Industry | Materials Sector | Thomas Anthony Doyle CEO | XFRA Exchange | CA02053E1016 ISIN |
| CA Country | - Employees | - Last Dividend | 22 Jan 2013 Last Split | - IPO Date |
Overview
Aloro Mining Corp. is a gold exploration entity dedicated to the acquisition, exploration, and development of mineral resource properties, with a primary focus on Mexico. Initially established as Wolverine Minerals Corp., the company underwent a rebranding to Aloro Mining Corp. in February 2018, signaling a fresh phase in its operational strategy. Founded in 2004 and with its headquarters nestled in Vancouver, Canada, Aloro Mining Corp. has cemented its presence in the world of mineral resource exploration by concentrating its efforts in Sonora State, Mexico, where it holds a significant interest in the Los Venados project. This endeavor marks the company's commitment to unearthing and developing valuable mineral deposits, propelling it towards achieving its aspirations in the mining sector.
Products and Services
- Gold Exploration
- Silver Exploration
- Copper Exploration
- The Los Venados Project
Aloro Mining Corp. primarily focuses on the exploration of gold. By securing and thoroughly exploring properties with potential gold deposits, the company aims to discover and eventually mine this precious metal, contributing valuable resources to the global gold market.
In addition to gold, Aloro also delves into the exploration of silver ores. Silver, being a valuable resource for various industrial applications on top of its monetary and investment appeal, represents a significant area of interest for Aloro Mining Corp., making it an integral part of its exploration endeavors.
Apart from precious metals, Aloro Mining Corp. extends its exploration activities to copper ores. Copper's widespread use in electrical equipment, construction, and various other industrial sectors makes it a valuable commodity in the market. By exploring for copper, Aloro aims to tap into this versatile metal’s demand, highlighting its adaptability and foresight in mineral exploration.
Aloro’s flagship project, the Los Venados project, is located in Sonora State, Mexico, and encompasses two mining concessions spanning approximately 3,199 hectares. This project underscores Aloro Mining Corp.’s commitment to gold, silver, and copper exploration. By holding a 100% interest in this project, Aloro ensures its capabilities and resources are well-positioned to exploit the full potential of this significant asset.
