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. The company has also acquired a mineral claim package located in Elko County, Nevada called the Emmigrant Springs and Texas Canyon Projects. Its North Elko Lithium Project is located in northeastern Nevada and prospective for lithium, uranium and rare earth metals and comprises 442 mineral claims covering 37 square kilometers. The Golden Trail is situated on the northeastern margin of the Long Canyon Gold Trend in northeastern Nevada.