Gelum Resources Ltd.
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in mil. unless spec.Company Description
- CEO
- Hendrik van Alphen
- Full Time Employees
- - -
- Sector
- Industrial services
- Industry
- Oilfield services/Equipment
- Address
- 200 Burrard Street Vancouver BC Canada V6C 3L6
- IPO Date
- Oct 18, 2021
- Website
- gelumresources.com
- Similar Companies
- Business
- Gelum Resources Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada, with a primary focus on gold and copper-gold assets. The company holds a 100% interest in the Eldorado Gold Property comprising approximately 9,028 hectares located within the highly prospective Bralorne-Bridge River gold district near Lillooet, British Columbia. Additionally, Gelum has option agreements to acquire a 100% interest in the ML Copper-Gold property in the Cariboo Mining District of south-central British Columbia and an option interest in the Roxey claims. Its operations target high-grade gold-sulphide vein systems and breccias located along regional faults. Founded in 1987 and headquartered in Vancouver, Canada, Gelum Resources was formerly known as Gelum Capital Ltd. before changing its name in September 2021. Recent major developments include the company's strategic option agreement with Wealth Minerals Ltd. in late 2023, whereby Wealth Minerals may earn up to a 20% interest in Gelum's contractual interest in the Eldorado Gold Property. This transaction marks a significant partnership and reduces Gelum's direct operational exposure while enabling continued advancement of its core gold assets through this collaboration. Gelum has also conducted successful diamond drilling programs in recent years, yielding promising assay results for high-grade gold mineralization which underpin the company's ongoing exploration efforts and resource expansion focus within British Columbia. These strategic alliances, active exploration, and portfolio consolidation efforts illustrate Gelum's commitment to advancing its mineral projects in key mining districts of western Canada. Its seasoned management team brings expertise from both mining and financial sectors to drive these initiatives forward. Gelum Resources trades on the Canadian Securities Exchange under the ticker GMR.
Company News
Gelum's Geophysical Survey Resumes at the Las Tinajas Project, Chile
Gelum Completes Further Sampling of Las Tinajas Gold Project, Northern Maricunga Belt, Chile
Gelum Targets Additional Mineralization Beyond Known Existing Gold Targets
Gelum Closes Non-Brokered Private Placement and Retains Geophysics Consultant for Property-Wide Survey
Gelum Completes Initial Reconnaisance and Sampling of Las Tinajas Gold Project, Northern Maricunga Belt, Chile
Gelum Shares Approved for Trading on the OTCQB(R) Venture Market
Gelum Completes Acquisition of Las Tinajas Gold Project, Northern Maricunga Belt, Chile
Gelum Changes Location of Annual General Meeting
Gelum Closes Non-Brokered Private Placement Grants Stock Options
Gelum Plans Acquisition of Las Tinajas Gold Project, Northern Maricunga Belt, Chile
Gelum Arranges Non-Brokered Private Placement and Change in Officers
CSE Bulletin: Consolidation - Gelum Resources Ltd. (GMR)
Gelum's Drill Programme Successfully Tests High-Grade Gold Structures at Eldorado Gold Project
Gelum's Drill Programme Targeting High-Grade Gold near Completion on Eldorado Gold Project
Gelum Set to Start 3D IP Survey on Eldorado
Gelum Announces Private Placements