Metaline Contact Mines (MTLI)

Overview

Metaline Contact Mines is a royalty-based mineral resources company that specializes in the acquisition and leasing of mineral resource properties. With a focus on exploring primarily for zinc and gold deposits, the company has established a notable presence in the mining sector. It was founded in 1928, demonstrating a long history and commitment to the mining industry. The company has strategically positioned itself by owning interests in significant mining locations including the Pend Oreille/Metaline Zinc Mines in Pend Oreille County, Washington, and the Golden Chest Mine in Shoshone County, Idaho. Based in Murray, Idaho, Metaline Contact Mines leverages its expertise and historic knowledge to pursue profitable resource exploration and development projects.

Products and Services

• Zinc Exploration and Production

  Metaline Contact Mines is actively involved in the exploration and potential production of zinc, primarily through its interests in the Pend Oreille/Metaline Zinc Mines. These mines are located in an area known for its rich mineral deposits, allowing the company to focus on zinc as one of its primary products. The strategic location and established infrastructure support the exploration and potential extraction processes, aligning with the company's goals of identifying and leveraging mineral resources.

• Gold Exploration and Production

  The company also extends its exploration activities to gold, particularly through its ownership of the Golden Chest Mine in Shoshone County, Idaho. This mine consists of patented mining claims and represents a significant part of the company's portfolio. The focus on gold exploration and production reflects Metaline Contact Mines' versatility and commitment to exploiting various mineral resources. By investing in gold, the company diversifies its interests and potential revenue streams, benefiting from the precious metal's inherent value and market demand.