Orford Mining Corporation

Orford Mining Corporation

ORMFF
Orford Mining CorporationUS flagOther OTC
0.07
USD
+0.00
- -
17.34MMarket Cap
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
David William Christie
Sector
Basic Materials
Industry
Industrial Materials
Address
2 St. Clair Avenue West Toronto ON Canada M4V 1L5
IPO Date
Sep 7, 2021
Business
Orford Mining Corporation, a Canada-based mineral exploration company founded in 2017 and headquartered at 181 Bay Street, Suite 3910 in Toronto, Ontario, focuses on the acquisition, exploration, and evaluation of gold, base metals, and critical minerals in highly prospective and underexplored areas of Northern Quebec; its principal assets include the Qiqavik gold project hosting multiple high-grade gold discoveries along a 40-kilometer mineralized trend in the Cape Smith Belt, the West Raglan project featuring Raglan-style nickel-copper-platinum group metal discoveries over a 55-kilometer trend, lithium exploration properties in the Nunavik region with pegmatite discoveries and positive field results, and four property positions in the Joutel region of the Abitibi District encompassing historical deposits such as Eagle/Telbel, Joutel Copper, Poirier Copper, and Vezza; the company targets camp-scale gold potential, high-grade nickel systems, and emerging lithium opportunities across a land package exceeding 168,000 hectares primarily in Nunavik and Abitibi areas of Quebec, while seeking additional gold exploration prospects in North America. In January 2024, Alamos Gold Inc. agreed to acquire all outstanding shares of Orford not already owned by Alamos through a plan of arrangement valued at approximately C$24 million fully diluted, with the transaction closing in April 2024 following shareholder approval and court sanction, thereby consolidating Alamos' ownership and integrating Orford's flagship Qiqavik Gold Project into Alamos' portfolio of development assets in Canada; prior to the acquisition, Orford expanded its Nunavik lithium holdings by 13% to 39 square kilometers in mid-2023 based on lithium-anomalous pegmatite discoveries, completed successful summer 2023 exploration programs confirming critical minerals and gold targets, and defined near-surface mineralization at the South Gold Zone while discovering a new North Gold Zone on its Joutel Eagle property.

Company News

APIChat
  • Orford Mining stock surges on takeover by Alamos Gold

  • Globex Mining says Orford Mining drills multiple gold zones at Joutel Eagle property in Quebec

  • Orford Mining stock climbs on gold drill results

  • Globex Mining says Orford Mining drills more wide gold zones

  • Globex Mining says Orford Mining discovers new gold zone on Joutel Eagle Property in Quebec

  • Globex Mining Enterprises nabs first payment from Orford Mining Corp for Joutel camp claims; builds land package in Quebec