Introduction
Mountain Lake offers anyone interested in the junior gold exploration space an excellent opportunity for capital appreciation as it meets four key criteria that should be at the top of any investor's check list: (1) projects with large scale growth potential; (2) experienced management; (3) good capital structure; and (4) Tier 1 financial backing.
Mountain Lake is a Canadian based exploration company offering exposure to gold, base metals (zinc, copper, lead), and the strategic metal antimony through a diversified portfolio of projects ranging from early-stage exploration to advanced-stage exploration and resource development. The Company is geographically focused on the island of Newfoundland a mining-friendly jurisdiction in Canada.
Leading the Company is Gary Woods, a geologist who has been actively involved in mineral exploration for over 30 years. Prior to joining Mountain Lake in 2007, Gary spent 16 years with Noranda/Falconbridge and held various positions including regional manager of Newfoundland and New Brunswick in Canada as well as country manager in Mexico. Gary also spent 11 years with BP Resources Canada before joining Noranda.
Complementing management's extensive mining and exploration background is its experience in corporate finance, business negotiation, and administration.
Management believes in a prudent business approach to risk management and prides itself on its ability to assess and select viable projects with large scale potential. Management also apprciates the cost of raising equity capital and believes in advancing projects through strategic relationships with well financed joint venture partners when appropriate. This approach affords the Company exposure to multiple growth opportunities, while avoiding single project dependence and minimizing shareholder risk and dilution.
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