- Business
- Prudent Minerals Corp. engages primarily in the acquisition, exploration, and development of mineral properties as a Canada-based natural resource company listed on the Canadian Securities Exchange (CSE: PRUD). The company holds an option to acquire a 100% interest in the SAT Property, a 5,617-hectare exploration-stage porphyry copper-gold prospect located in west-central British Columbia approximately 10 km west of Granisle near the historic Bell and Granisle copper-gold porphyry deposits; it also owns the ABE Gold Project in Colombia, located 70 km south of Medellín and comprising five concession applications covering 4,512 hectares plus a 110-hectare mining concession at the Purimac gold mine where exploration focuses on extending the vein system through soil geochemistry and drill target delineation. Founded in 2017 and headquartered at 1100 Melville Street, Suite 830, Vancouver, British Columbia, Prudent Minerals operates in the diversified metals and mining sector targeting copper, gold, and associated minerals in Canada and Colombia. In July 2023, the company completed the acquisition of Berlin Precious Metals Corp., securing full control of the ABE Gold Project by issuing 8 million shares and 8 million warrants; in November 2023, it amended the SAT Property option agreement, extending a $90,000 cash payment to November 2024 in exchange for issuing 100,000 additional shares.