Churchill Resources Inc (ON). Stock Analysis CRI.V

Churchill Resources, Inc. is an exploration company, which engages in the provision of nickel sulphide and diamond projects. The company is focused on exploration and evaluation of strategic and critical metals in Canada, at its prospective Black Raven, Taylor Brook and Florence Lake properties in Newfoundland and Labrador. The Black Raven Property hosts two past-producing mines: the Frost Cove Antimony Mine, and the Stewart Gold-Antimony Mine. The company is located over 60 km northwest of Gander International Airport, and over 100 km north of the Beaver Brook Antimony Mine. The Black Raven Property comprises nine map-staked licenses constituting a single contiguous block of 125 claims that in total cover 3,125 ha or 31.25 km2, less than an hour’s drive from the major center of Gander. The Florence Lake property contains nickel, copper, cobalt and PGE mineralization associated with ultramafic volcanic rocks. The Taylor Brook Nickel Property is located 60 km north of Deer Lake, Newfoundland, and comprises nine contiguous map-staked licenses totaling over 175 km2.