Peloton Minerals Corp. Stock Analysis PMC.CN

Peloton Minerals Corp. engages in the exploration and locating of mineral properties. The company is headquartered in London, Ontario. The company went IPO on 2005-12-21. The firm is focused on the acquisition and exploration of mineral resource properties, primarily lithium, gold and silver prospects in the states of Nevada and Montana, United States. Its exploration portfolio includes a 100% interest in the North Elko Lithium Project in northeastern Nevada, as well as the Golden Trail and Independence Valley Carlin style gold projects in northeastern Nevada, and a non-controlling interest in the Boulder Copper Porphyry Project near Butte, Montana. Its North Elko Lithium Project is located in northeastern Nevada and prospective for lithium, uranium and rare earth metals and comprises 642 mineral claims covering 20 square miles or 53 square kilometers. The Golden Trail is a gold exploration project located in the northeastern part of Elko County. The Texas Canyon Uranium Property consists of over 44 claims as part of the western portion of the North Elko Lithium Project.