Fredonia Mining Inc.
FREDF
Other OTC0.58
USD
-0.06
- -
Fredonia Mining Inc.
FREDF
(Other OTC)
Recent
price
0.58
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Fredonia Mining Inc. (TSXV:FRED, OTC:FREDF) explores for gold and silver deposits in Argentina's Deseado Massif region. The company holds licenses covering approximately 18,300 hectares across three principal projects including the flagship El Dorado-Monserrat (EDM) property (6,200 hectares) located 17 kilometers west of AngloGold Ashanti's Cerro Vanguardia mine and featuring more than 10 gold-silver prospects with a compliant NI 43-101 technical report; El Aguila (9,100 hectares) interpreted as a failed caldera with gold mineralization in radial and ring structures; and Petrificados or Hornia (3,000 hectares) an underexplored area along a major mineralized trend near other significant deposits. Operations target epithermal low-sulfidation gold-silver deposits in Santa Cruz Province with potential for multi-million ounce resources akin to nearby producing mines such as Cerro Vanguardia, Cerro Negro and San Jose. Founded in 2012 and headquartered in Toronto, Canada, Fredonia Mining focuses on advancing exploration through drilling programs. In September 2024, the company completed a $1 million non-brokered private placement of 33.3 million units to fund ongoing exploration, technical report preparation and general expenses; in December 2024, it filed a technical report disclosing its maiden mineral resource estimate for the North and South deposits at El Dorado-Monserrat and granted stock options while planning a new diamond drilling phase to expand high-grade resources toward pre-feasibility.
Company News
Fredonia Mining Announces Positive PEA for EDM Highlighting 146,000 oz AuEq Annual Production, US$1.49 Billion NPV10 and 65% IRR
Fredonia Mining Expands Growth Potential at El Dorado-Monserrat with 70.75 Metres of 1.29 G/T Au Eq at Herradura Hill
Fredonia Mining Inc. Provides Corporate Update for Its El Dorado Monserrat Project
Fredonia Mining Inc. Grants Stock Options and Formalizes Management Agreements
Fredonia Mining Inc. Announces Completion of Early Warrant Exercise Incentive Program
Fredonia Mining Inc. Announces Intention to Amend Price of Previously Issued Warrants and Implement Early Warrant Exercise Incentive Program