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North Atlantic Resources Ltd.
Nature of Business :: Update

North Atlantic Resources Ltd., formed in 1997, is a publicly listed mineral exploration Company whose shares trade on the Toronto Stock Exchange, symbol ‘NAC’.

The Company is focused on gold and energy exploration in west Africa.

NAC has eight gold projects comprising 1,361 square kilometers (336,310 acres) of mineral rights in Mali. Since 2002, the Company has made gold discoveries at the Kantela project (2004), FT project (2005), and Massala project (2006). The Company is delineating the FT gold discovery and further exploration is ongoing at Kantela, Massala, and Kourouba gold projects in Mali.

In 2006, the Company diversified into energy projects in the west African region and since then has been granted three uranium permits totaling 2,963 square kilometres of mineral rights in Niger. A hi-res airborne survey is underway.

In February 2007, the Company was granted the 20,000 square kilometre oil and gas exploration permit (Macina) in the Republic of Mali and is preparing an appropriate plan for the financing and exploration of the project.

North Atlantic Resources Ltd. has 22,190,408 common shares issued and outstanding (26,002,525 shares on a fully diluted basis).

Management is convinced that the diversification into uranium exploration in Niger and oil and gas exploration in Mali will expose shareholders to exceptional opportunities for value creation.

General Information :: Update
 Organisation Type/Location: Company in Canada
 Nick name/Abbrev.: NAC
 Business Sector(s): Mining - Gold Mining
 Find Related: [ News Items | Pages ]

Exchange Listings :: Update
Exchange Instrument
Code
Name ISIN Listing
Date
Toronto Stock Exchange [XTSE] [NAC]      

Products/Services :: Update
Gold
Gold
Gold ore
Gold ore
   

Related Organisations :: Update
 owns: North Atlantic Resources SARL - Bamako, Mali

Projects :: Update
 owns: Abelajouad uranium project (100%)
 owns: Assaouas Niger uranium project (100%)
 owns: Diokeba Mali gold project (100%)
 owns: FT gold project (100%)
 owns: Kantela Mali gold project (100%)
 owns: Kourouba gold project (100%)
 owns: Macina oil project (100%)
 owns: Massala gold project (100%)
 owns: Sitakili gold project (100%)

Directors/Managers :: Update
 President and Chief Executive Office: Mr S Waldie (Scott)   (since Sep-2007)
 Vice President: Mr A Guindo (Ambogo)
 Chairperson, Director: Mr L Hepburn (Lyle)
 Director: Dr R Hodder (Robert)
 Director: Mr A Lloyd (Anthony)
 Director of Corporate Affairs: Mrs N Roy (Nathalie)
 Chief Financial Officer: Mr R Chisholm (Roderick)

Contact Information :: Update
 
North Atlantic Resources Ltd.
 Tel: +1 416 703-6348
 Fax: +1 416 703-6507
 E-mail: Yes - Send a message
 Web Site: http://www.nac-tsx.com
 Office Address:
55 Adelaide St. East
Suite 410
Toronto
M5C 1K6
Ontario
Canada


Information Source: MBendi - Modified: 28-Jul-2008
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