Coronet Metals Inc. (TSXV:CRF,OTCQX:CORMF,FWB:2CM) is a junior gold exploration and development company whose growth strategy begins with commencing production and generating cash flow at the Liberty Facility in Nevada in order to develop the White Caps Gold Project to production while advancing the Yanamina Gold Project towards permitting.
As quoted in the profile:
Coronet is advancing the White Caps Gold Mining Project (“White Caps”) and the Liberty Precious Metals Testing and Processing Facility (“Liberty”), both in Nevada. Both these projects are being advanced to production over the next year. Liberty should commence production during the summer of 2013. Re-permitting of White Caps is underway and could be in production early 2015. Once operational these projects should provide cash-flow for future acquisitions and exploration & development in Nevada and Peru. The Yanamina Gold Project in Peru, hosts a NI 43-101 PEA Technical Report with an Indicated Resource of 83,100 ounces and an Inferred Resource of 123,700 ounces of gold at a 0.5 g/t gold cutoff.
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MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1821.29 | +2.72 | |
| Silver | 20.87 | +0.05 | |
| Copper | 3.79 | +0.01 | |
| Palladium | 1942.50 | +73.50 | |
| Platinum | 929.49 | +19.49 | |
| Oil | 112.40 | +0.64 | |
| Heating Oil | 4.05 | -0.06 | |
| Natural Gas | 6.75 | +0.18 | |
