Company Description (as filed with the SEC)
The Company is a natural resource company engaged in the exploration and development of gold properties in North America. Since 1998, the Company has assembled a portfolio of mineral properties in Alaska, British Columbia and the Yukon Territory. Four of these properties are advanced stage exploration projects with defined gold resources and in March 2004 the Company signed an agreement to acquire a 51% interest in a fifth advanced project, the Ambler project in Northwestern Alaska. The remaining properties are earlier stage exploration projects that have not yet advanced to the resource definition stage. The Company is also engaged in the sale of construction aggregates and land, and receives royalties from placer gold production, largely from its holdings around Nome, Alaska. The Donlin Creek, Rock Creek and Nome Gold properties in Alaska, and the Galore Creek property in British Columbia are the Company's most advanced projects each undergoing plans for development. ... More ...