Gamma Resources Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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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.- CEO
- Gabriel Alonso-Mendoza
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 325 Howe Street Vancouver BC Canada V6C 1Z7
- IPO Date
- Mar 6, 1996
- CIK
- 0001370496
- Website
- gammaresourcesltd.com
- Similar Companies
- Business
- Gamma Resources Ltd. (TSX-V: GAMA; OTCPK: MLLOF; Frankfurt: MRDN) is a Canada-based mineral exploration and development company focused on advancing uranium projects utilizing in-situ leach (ISL) methods in the United States; its portfolio includes the Green River Project in Utah's San Rafael Mining District, comprising 41 unpatented lode mining claims (1,100 acres) targeting uranium mineralization in the Salt Wash member of the Morrison Formation adjacent to Western Uranium & Vanadium Corp.'s San Rafael Project and near the Maverick Minerals processing plant, and the Mesa Arc Project in New Mexico's Chama Basin, encompassing 41 lode claims expanded by 185 additional staked claims to a total of 4,520 acres with historic uranium resources estimated at 2.5 to 3.0 million pounds U3O8 by prior owner Magnum Uranium Corp.; the company also holds proprietary technology for extracting and separating rare earth elements from monazite, including Ligand Assisted Displacement (LAD) Chromatography and the Medallion Monazite Process (MMP), positioning it to supply critical raw materials for national security and clean energy. Founded in 1989 and headquartered at 325 Howe Street, Suite 410, Vancouver, British Columbia, Canada, Gamma Resources targets the growing U.S. demand for domestic uranium amid supportive policy and market tailwinds in the nuclear sector, with operations centered in the Mountain West region. In June 2025, the company changed its name from Gabo Mining Ltd. (formerly Medallion Resources Ltd.); it completed the acquisition of the Green River and Mesa Arc uranium projects via a four-year lease-to-purchase agreement with C Bar B Properties Corp. in September 2025, securing 82 mining claims with no royalties or work commitments and an exclusive option to buy 100% interest for US$1.8 million; Gamma closed the first tranche of a C$1 million private placement for C$651,060 in September 2025, issuing 5,425,500 units at C$0.12 each with warrants exercisable at C$0.18, including related party participation; it renegotiated its loan facility in September 2025 for greater flexibility in uranium development; and appointed directors Stephen Goodman and Dr. John R. Carden while engaging Momentum IR Corp. for investor relations in mid-2025.
Gamma Resources Submits Notice of Intent for Drill Program at Mesa Arc Uranium Project, New Mexico
Gamma Resources Announces Filing of NI 43-101 Technical Report for the Mesa Arc Project in New Mexico and Outlines Phased Exploration Program
Gamma Resources Commences Work Programs at U.S. Uranium Projects in Utah and New Mexico
Gamma Resources Announces Grant of Stock Options
Gamma Resources Closes $1,320,000 Private Placement
GAMMA RESOURCES Announces increase in private placement to $1,300,000
Gamma Resources Retains Market-Making Services
Gamma Resources Announces Successful Renegotiation of Loan Facility
Gamma Resources Announces Closing of First Tranche of Private Placement
Gamma Resources Announces Engagement of Momentum IR Corp. for Investor Relations Services and Option Grant
Gamma Resources Appoints Chad McMillan Strategic Advisor
GABO Mining Ltd. Appoints Mr.
Gabo Mining Ltd. Announces Agreement to Acquire U.S. Uranium Projects and Proposed Name Change to Gamma Resources Ltd.
GABO Mining Ltd Announces $1,000,000 Private Placement
Medallion Changes Name to Gabo Mining Ltd.
Medallion Announced Board Changes
Purdue Research Foundation Terminates Medallion's License to Use Lad Chromatography
Medallion Receives Notice of Default From Purdue Research Foundation
Medallion Resources Appoints Gabriel Alonso-Mendoza as Interim CEO
Medallion Resources Extends Maturity of Unsecured Promissory Notes