Central Timmins Exploration Corp is a Canada-based mineral exploration company. The Company's land position covers an aggregate area of approximately 79 square kilometers located both north and south of the Destor-Porcupine Fault Zone (DPFZ) that are prospective for gold and a suite of base metals. The Company has split its land position into four key project areas. The Mountjoy Project area covers the extension of the main Hollinger-McIntyre gold system; The Four Corners Project area covers a silver-zinc system; The Deloro Project area represents a new gold system south of the DPFZ; The Ogden Project area comprise of two Volcanogenic Massive Sulfide (VMS)-type electromagnetic (EM) conductors being followed-up by an Mobile Metal Ion (MMI) geochemical program. The Company invests in development of both geophysical and geochemical survey methods to identify and further define anomalies, which are subsequently drill-tested.
Central Timmins Exploration Corp. was incorporated under the Laws of Canada on November 10, 2017. On January 8, 2018 the Company acquired strategic none-core assets from Claim Post Resources in the Timmins Region, Porcupine Mining District for a cash payment and a Net Smelter Royalty (“NSR”) that varies from 1% to 2%, depending on the claims and the pre-existing NSR burden, that is subject to certain buy back provisions. Claim Post Resources had historically been active in the region and over a long period of time staked and amassed the third largest land position in the region at 78 square kilometers of patented and unpatented claims that are highly prospective for gold and base metals.
Central Timmins Exploration Corp. brings together a dedicated group of mining industry professionals who have experience in all stages of mining exploration, discovery, development and operations. CTEC’s focus will be to:
-Generate a steady stream of prospective gold and base metal exploration anomalies that can subsequently be drilled.
-Create a high performance culture.
-Maintain a strong balance sheet.
-Maximize value for shareholders.
-Be ethical and transparent.
-Be safe, productive & healthy for all employees.
Central Timmins Exploration Inc .is a publicly traded company listed on the TSXV under the ticker symbol CTEC. If you are a U.S resident and would like to purchase Canadian securities traded on the TSXV or CSE please open an account at Interactive Brokers (Phone #1-877-442-2757 ) Interactive Brokers is an online discount brokerage that offers U.S residents access to trading Canadian securities. This is not investment advice. Please view the disclaimer found on this website.