- Business
- Burrell Resources Inc. (CSE: BURY) is a mineral exploration company focused on the acquisition, exploration, and evaluation of resource properties in the United States, primarily targeting gold deposits. The company holds an option to acquire a 100% interest in the Antelope Project, an early-stage gold exploration property comprising approximately 18 contiguous BLM lode-type claims covering 149 hectares in White Pine County, Nevada; this project features underexplored potential with historical sampling indicating gold mineralization and ongoing opportunities for advancement through drilling and geophysical surveys. Burrell Resources operates in the non-energy minerals sector, specifically other metals and minerals, with a discovery-focused strategy in northeastern Nevada.
Founded on December 17, 2019, by Patrick John McGrath, the company is headquartered at 750 West Pender Street, Suite 1200, Vancouver, British Columbia, Canada V6C 2T8. It targets mining investors and maintains a single business segment dedicated to mineral property exploration, with no current production or subsidiaries reported.
In July 2021, Burrell Resources successfully closed an $800,000 initial public offering and achieved listing on the Canadian Securities Exchange, marking its key entry into public markets. No significant partnerships, acquisitions, funding rounds, new product launches, or major operational shifts have been announced in the last 1-2 years, with recent activity centered on financial reporting and maintenance of the Antelope option. The company continues to prioritize exploration objectives at Antelope while seeking additional properties worthy of investment.