War Eagle Mining Company
CDN$0.05  even   15:42 on 12-09-2016
War Eagle MiningWar Eagle Mining
A Germanium Company
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War Eagle is involved in the acquisition, exploration and, if warranted, development of mineral resource properties. The Company is based in Vancouver, Canada and is publicly listed on the TSX Venture Exchange since 1987. War Eagle trades under the symbol WAR.

In December, 2013, War Eagle sold its Mexican subsidiary, Tombstone Exploration de Mexico S.A. de C.V. and its wholly owned Tres Marias zinc-lead-germanium property, located in Chihuahua, Mexico, to Contratista y Operaciones Mineras S.A. (Comsa), a private Mexican mining company. The terms of sale include cash payments totaling US$2.5 million plus a 2% net smelter royalty to a total of a further US$2.5 million. Additional payments based on metal sales and prices could bring the total sale price to US$5.8 million.

War Eagle currently holds an option agreement to purchase the surface rights to the Terrazas oxide zinc-copper property, also in Chihuahua, Mexico, and is attempting to negotiate an option to acquire the mineral rights to Terrazas.

Beyond Tombstone-Tres Marias and Terazzas, the company is actively seeking other project development opportunities in Mexico and other geologically attractive and mine friendly jurisdictions in the Americas.
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