Quartz Mountain Resources Ltd.
Other OTCRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- Quartz Mountain Resources Ltd. Quartz Mountain Resources Ltd. (TSXV:QZM, OTCQB:QZMRF) is a mineral exploration company focused on acquiring, exploring and advancing high-value copper-gold-silver projects in British Columbia, Canada. Incorporated in 1982 and headquartered at 1040 West Georgia Street in Vancouver, the company holds 100% interests in the Jake Porphyry Copper-Gold-Silver Property, comprising 12 contiguous mineral claims covering approximately 3,381 hectares located 160 kilometres north of Smithers in northwestern British Columbia; the Maestro High Grade Gold-Silver Property, including 13 contiguous mineral claims spanning about 2,309 hectares in central British Columbia near Houston; and the Troy property in central British Columbia. It targets porphyry copper-gold-silver systems and high-grade epithermal gold-silver deposits similar to nearby producing assets like the Bell Mine and Blackwater Mine, with both Jake and Maestro projects fully permitted for drilling and supported by experienced management associated with Hunter Dickinson Inc., which has successfully developed projects such as Mount Milligan and Gibraltar. Core activities encompass geological mapping, geochemical sampling, geophysical surveys including IP, and phased diamond drilling programs to delineate resources for potential transactions with major mining operators; the company commits to responsible mineral development, engaging local communities and adhering to rigorous environmental standards. Recent developments include the 2024 expansion of the Maestro project area through acquisitions of the Lone Pine porphyry deposit and North claim from arms-length vendors like Eagle Plains Resources Ltd. for shares and a 2% NSR royalty; completion of a Phase 3 drilling program at Maestro's Prodigy discovery intersecting significant widths such as 123 metres of 0.79 g/t gold equivalent and 315 metres of mineralization types including porphyry Au, porphyry Cu-Mo, and epithermal Au-Ag-Mo-Cu, alongside a planned 10-hole delineation program in early 2025; finishing 3,418 metres of core drilling across seven holes at Jake in August 2024 with assay results pending for January 2025 to confirm a new porphyry Cu-Au-Ag system; and securing $3.25 million in financing in June 2024 to fully fund ongoing exploration while pursuing an uplisting to enhance U.S. investor liquidity.
Quartz Adopts Semi-Annual Financial Reporting
Quartz Completes Phase 4 Drilling with Assays Pending at Maestro Gold-Silver Project, British Columbia
Quartz Mountain Reports Strong Warrant Exercise Participation and Provides Exploration Update at Maestro Project, Central British Columbia
Quartz Announces Significant Induced Polarization Survey Results for Maestro Gold-Silver Project, British Columbia
Quartz to Exhibit at AME Roundup's Core Shack and Showcase Drill Core From Its Maestro Project in British Columbia
Quartz Mountain Expands Maestro Project With Claim Acquisition
Quartz Commences Trading On The OTCQX Best Market Under The Symbol QZMRF
Quartz Completes Induced Polarization Geophysical Survey At Maestro Project, British Columbia
CORRECTING AND REPLACING: Quartz Drilling Intersects 123 m of 0.79 g/t AuEQ and 315 m of 0.73 g/t AuEQ Discovering Gold-Rich Porphyry System and Significantly Expanding Prodigy Mineralization
CORRECTION: Quartz Drilling Intersects 123 m of 0.79 g/t AuEQ and 315 m of 0.73 g/t AuEQ Discovering Gold-Rich Porphyry System and Significantly Expanding Prodigy Mineralization
Quartz Drilling Intersects 123 m of 0.79 g/t AuEQ and 315 m of 0.73 g/t AuEQ Discovering Gold-Rich Porphyry System and Significantly Expanding Prodigy Mineralization
Q-Gold Announces $10,000,000 Financing to complete acquisition of Quartz Mountain Gold project in Oregon, USA and advance Mine Centre Camp in Ontario, Canada
Quartz Updates Drilling Progress at Prodigy Gold-Silver Discovery on Its Maestro Property in British Columbia
Quartz Intersects Long Gold-Silver Intervals from Phase Two Drilling at Maestro Potential Significant Scale, Open-Ended Mineralization is Indicated
Quartz Commences Drilling at Prodigy High Grade Precious Metals Discovery on Its Maestro Property in British Columbia
Quartz Closes $4.2 Million Equity Financing
Quartz to Raise $4.2 Million In Planned Equity Financing
Quartz Retains Acuity Advisory Corp for Communications and Advisory Services
Quartz Discovers a New Copper-Gold-Silver Porphyry at Jake Project in British Columbia
Quartz Mountain Chairman's Year End Message