Senator
Minerals Inc (SNR) is a TSX-V-listed junior exploration company
(also T1K on Frankfurt)
The company intends to participate in the upside that comes from
exploration success while mitigating exploration risk by
maintaining a diverse portfolio of property interests in North
America.
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Senator's main
property is its 100% interest in the
Taurus porphyry
copper-moly-gold deposit in southeastern Alaska.
In a belt that
stretches through BC, the Yukon, and Alaska, there are a number
of recognized porphyry deposits that are being worked by majors
and/or substantial juniors. No market value has yet been
assigned to Senator's Taurus. The 2008 drill program has
been completed but results are not yet available.
Drilling at
Taurus ~ 2008 >> |
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Senator has a 50%
ownership interest in a bentonite deposit of undetermined size
on seven placer claims, also called Ivanhoe Creek, in the vicinity of the Ivanhoe Creek
lode property.
Testing to determine marketability has been completed,
concluding that the bentonite is of a high enough quality to
be used in multiple applications.
Senator also has a 50%
lease option interest in the Ivanhoe Creek
lode property, a Midas-style
gold-silver prospect located directly north of the Ivanhoe
Hollister deposit that is now under mine development. Senator is operator
on the Ivanhoe Creek property, where a
first phase diamond drill program has been completed.
In addition, Senator
has one 50% interest, two 51% interests, and one 100% interest in highly prospective leased Midas-style
gold targets in the Northern Nevada Rifts area, 100% ownership interests
in two prospects
in the Cortez Hills area of Nevada, a 100% option interest in
the Mekinac poly-metallic property in south-central Quebec, as well as a
1% NSR on the Rosebud gold prospect in northwestern Arizona, and
1% NSR’s on both the Okey and Key high grade
copper prospects in northeastern British Columbia. Please
see 'Properties'
for further details.
'One-pager'
of quick company facts as of 30 March 2009.
Questions and Answers: 30 March
2009
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