Fredonia Mining Inc. Stock Analysis FRED.V

Fredonia Mining, Inc. engages in the exploration and acquisition of mineral properties in Argentina and North America. The company is headquartered in Toronto, Ontario. The company went IPO on 2012-11-16. The firm holds gold and silver license areas totaling approximately 18,300 hectares (ha) in the prolific Deseado Massif geological region in the Province of Santa Cruz, Argentina, including principal areas: its flagship - the advanced El Dorado Monserrat project (approximately 6,200 ha.) located close to AngloGold Ashanti’s 300,000 oz./yr Au-Ag Cerro Vanguardia mine, the El Aguila project (approximately 9,100 ha. ), and the Petrificados project (approximately 3,000 ha). The El Aguila project is located in the eastern sector of the Deseado Massif and comprises three license blocks that cover approximately 9,124 ha. The project is located 70 kilometers (km) northeast of Cerro Vanguardia mine and 45 km west of Cerro Moro. The Petrificados project, covering 3,000 ha, is located close to E2’s Conserrat project, along the major mineralized trend extending northwest from Cerro Vanguardia to the Pinguino project.