Smooth Rock Ventures Corp. (YT10)
XFRA 
Summary
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Smooth Rock Ventures Corp. Profile
| Financial Services Industry | Financials Sector | Michael Ruggles CEO | XFRA Exchange | CA83268K3064 ISIN |
| CA Country | - Employees | - Last Dividend | 15 Nov 2017 Last Split | - IPO Date |
Overview
Smooth Rock Ventures Corp. is a mineral exploration company involved in the acquisition, exploration, and evaluation of various mineral properties. Founded in 1966 and headquartered in Vancouver, Canada, the company has positioned itself within the mining sector with interests in several projects located in Nevada, USA. These projects are primarily focused on the exploration and potential development of mineral resources, leveraging the region's rich mineral deposits.
Products and Services
- Chucker Project
- Palmetto Project
- Giroux Project
- Garfield Flats Property
This project embodies Smooth Rock Ventures Corp.'s activities in the Silver Star Mining District of Mineral County, Nevada. The company owns a 100% undivided interest in 28 unpatented mining claims that encompass an area of 226 hectares. The exploration and evaluation efforts in this area underscore the company's focus on leveraging Nevada's mineral wealth, particularly in search of valuable minerals.
Located in Esmeralda County, Nevada, the Palmetto Project represents a significant portion of the company's exploration portfolio with an option to purchase agreement for a 100% undivided interest in 79 unpatented mining claims, covering approximately 1600 acres. The strategic positioning of this project in a well-known mining district highlights Smooth Rock Ventures Corp.'s commitment to exploring and potentially developing mineral resources in Nevada.
This project includes an option to purchase agreement for acquiring 12 patented claims located southeast of Hawthorne. The Giroux Project stands out for its strategic location and the historical significance of the area in terms of mining activities. The inclusion of patented claims offers a streamlined path towards exploration and possible future development.
As another key component of Smooth Rock Ventures Corp.'s property portfolio, the Garfield Flats property is located in Mineral County, Nevada. This property, under an option to acquire agreement, further expands the company's footprint in Nevada, showcasing a diverse approach to mineral exploration across different regions and geological settings within the state.
