- Business
- Waseco Resources Inc. (TSX-V: WRI, OTC: WSRUF) is a Canada-based exploration-stage junior mining company engaged in the acquisition, exploration and development of mineral properties focused on gold, uranium, copper and diamonds. The company holds interests in the Battle Mountain Ridge gold project in Nevada, United States, comprising 29 unpatented mining claims on the Battle Mountain Gold Trend adjacent to major producers; uranium prospects in the Quebec-Labrador Trough in partnership with Orano (formerly Areva SA); the James Bay Lowlands diamond project near the DeBeers Victor mine in Northern Ontario, Canada; and the Tewah Alluvial Gold project in Kalimantan, Indonesia, where management has reassembled land positions for potential production. Founded in 1988 and headquartered in Toronto at Suite 1500, 2 Queen Street East, the company operates primarily in Canada, the United States and Indonesia, targeting gold trends, uranium districts and diamondiferous regions. In a recent development, Marigold Mining Company terminated its option agreement with Waseco on February 7, 2025, impacting the Nevada project's strategic arrangements.