American CuMo Mining Corporation
American CuMo Mining Corporation
Sector: Mining
Description
American Cumo Mining Corporation develops and mineral properties in North America and Australia.
The company’s core projects include:
• Cumo Project
• Bleiberg project
• Calida Gold
• Spruce Mountain
In addition, it claims to strengthen its two US-based projects, namely CuMo Project and the newly owned Calida Gold Project, located in Idaho state.
American CuMo Mining Corporation, named CuMoCo), claims to focus on sustainability and environmental protection.
The mining firm claims that the CuMo Project consists of molybdenum, copper, silver, tungsten, and rhenium deposits. It is presently focused on developing its wholly owned CuMo Project as the world’s largest molybdenum project. The company claims to explore those mines that maintain environmental sustainability and create long term value for its shareholders. CuMoCo reportedly aims to commence mining activity at this project in five to seven years.
Calida Gold
The Idaho-based property consists of 53 unpatented lode mining claims covering an area of 160 acres. The property consists of various past-producing underground and surface mines that produced significant quantities of silver, gold and copper from seven different shear zones.
Bleiberg Project
The Bleiberg project explores lead, germanium, zinc, cadmium, and fluorite in Salzburg, Austria. The firm claims that Bleiberg is reportedly the world’s largest deposit, comprising 116 exploration licenses in 6,582.4 hectares of land.
In addition, it says that the 700-year-old property hosts significant polymetallic zinc, germanium, lead, fluorite and cadmium mines.
Bleiberg is among the four major Mississippi Valley-type lead-zinc camps linked to Periadriatic Lineament, a suture stretching to Italy, Austria, Slovenia and Romania.
Spruce Mountain
The Spruce Mountain molybdenum-silver porphyry deposits are located approximately 25 kilometers north of Currie Town near North-Eastern Nevada, the United States. The US-based project hosts gold, copper, silver, and rhenium deposits. The producing silver and lead mines include Kille, Black Forest, Monarch, and Spruce Standard Mines.
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