|
Exchange: TSX
Venture
Market Cap:
2.73 Million
Outstanding Shares:
19.5 Million
52 Low / High : $
0.085 / $ 0.26
Price May 3, 2005
$ 0.14
FV Recent Stock
Quote and News:
Click Here
Information As
Of May 3rd, 2005 |
"Firestone Ventures
has the key ground in an emerging new uranium district in
southern Alberta."
Overview
Firestone Ventures Inc. has the most
prospective ground in an emerging new uranium district in
Alberta, Canada, as well as excellent gold, copper, zinc,
silver, molybdenum and gemstone properties in western Canada
and Central America.
Investment Highlights
- Firestone Ventures has the key ground in an emerging
new uranium district in southern Alberta. The exploration
target is sandstone-hosted uranium which can be mined
using low-cost in-situ leaching mining methods. "Alberta
is a great energy-producing province, with its rich
deposits of oil, gas, coal and oil sands. We are using
innovative and creative geological thinking to add uranium
to that list." says Lori Walton, President of Firestone
Ventures."
- Favorable drill results from Louise Lake
copper-gold-molybdenum project located within the
mineral-rich area of Smithers, British Columbia. Louise
Lake is road accessible and contains four important
commodities; copper, gold, silver and molybdenum. The
price of molybdenum is high due to demand for its use in
steel-making. The grades of metal at Louise Lake compare
favorably with other advanced copper projects in British
Columbia.
- There is an increasing supply gap for zinc. Firestone
Ventures' Torlon project located near the Pan-American
Highway in Guatemala contains high-grade zinc (up to 28%)
and has never been drilled. Zinc is used for rustproofing
steel.
- The Amazing Grace gold property is near a major
smelter within a historic gold and silver mining district
in southern British Columbia. Visible gold in quartz veins
has been documented and the property has excellent
potential for gold, silver, lead, zinc, copper, tungsten
and molybdenum.
- The Sonora gold-silver-copper project in the Yukon
Territory, Canada has two airstrips on the property and
potential for high-grade gold veins. The property lies
within the historic Tintina Gold Belt of gold properties
extending from Yukon to Alaska.
PropertiesAlberta Sun.
New exciting uranium prospect in southwestern Alberta.
Favorable stratigraphy, anomalous uranium values in rock and
high radioactivity. Prospective for roll-front uranium
deposit.
Louise Lake. 33 mineral claims located 33 km west
of Smithers, British Columbia. In 2004, Firestone
intersected wide zones of copper-gold-molybdenum
mineralization in all six drill holes completed. North
American Gem Inc. is earning in up to 75% by continued
drilling and exploration over five years.
Torlon. Drill-ready high-grade zinc oxide style
mineralization in Guatemala, Central America. Firestone
recently finalized the property agreement and is planning a
drill program.
Sonora Gulch. 96 mineral claims located in the
gold-copper belt west of Carmacks, Yukon Territory.
Prospective for gold, silver and copper.
Amazing Grace. A former gold producer with
free-milling gold in quartz veins was literally "lost" for
many years until rediscovered in 1996 near Castlegar,
British Columbia.
Morris. Gold and silver quartz veins with
significant antimony at Tatlayoko Lake, west central British
Columbia. Seeking joint venture partner.
Finlayson. Four claim blocks in the Finlayson Lake
area, Yukon Territory and located within 7 km of the Regal
Ridge emerald occurrence being explored by True North Gems
Inc. Prospective for emeralds, copper and cobalt.
Related Firestone Ventures Articles
Tue Apr 19, 2005
Edmonton Stakeholders Trigger Uranium Rush in Southern
Alberta
(17 KB)
Wed Dec 22, 2004
Base Metals Markets have 'Momentum'
Page B10 Base metal markets are going into 2005 with
"significant momentum" according to John Redstone, who
follows the sector for Desjardins Securities. He expects
base metal markets will remain strong through 2005 as those
markets go through a "prolonged cycle." Inventories of base
metals are continuing to fall and prices are up sharply from
the levels seen at the beginning of 2004, he noted in a
report yesterday. Copper prices have climbed from $1.05
(U.S.) a pound on Jan. 2 to $1.3... (1 KB)
Fri Jul 9, 2004
Lori Walton and Pamela Strand quoted in the Edmonton Journal
Business Section...
There may be more than oil in them hills, but first you have
to look for it Alberta's geological potential is the
least-explored and mapped in the entire country EDMONTON -
Alberta could be sitting on a vast fortune in undiscovered
metallic minerals from iron ore to uranium, perhaps rivaling
its vast energy reserves. But nobody knows for sure, because
the province has never been thoroughly mapped for geology
other than oil, gas and coal. Alberta mining companies
routinely explore i... (2 KB)
Management Team
Lori Walton, M.Sc., G.G.
Position: President, Director
L. Walton graduated from the University of
Alberta with a MSc degree in Geochemistry in 1987 and also
holds a Graduate Gemology degree from the Gemological
Institute of America. She has managed gemstone, gold and base
metal exploration programs, acquisitions and joint ventures in
northern Canada. She has provided gemstone consulting services
to public companies and is the author of a publication on
gemstone exploration. Before joining Firestone Ventures Inc.,
Ms. Walton worked as Senior Mineral Development Advisor for
the Yukon government. She is President of Tigerstar Geoscience,
providing management and consulting services to the mining
industry.
Ken Powell
Position: CEO, Director
Mr. Powell graduated from the University of
Alberta with a DSc and DDS degree in 1970 and since then has
owned and operated a successful general dentistry practice in
the Edmonton area. He has extensive investment experience in
equities as well as in commercial real estate development. Mr.
Powell is the President of Titan Trading Analytics, Inc., a
publicly trading company.
Pamela Strand, M.Sc., P. Geol.
Position: Director
Ms. Strand worked as a geologist and in
management positions for government and several mining
companies before founding Shear Minerals Ltd. in 1997 with a
focus on diamond and gold exploration. She has been the
President and CEO of Shear Minerals Ltd. since 1997. She is a
Professional Geologist with APEGGA, a Director of the NWT and
Nunavut Chamber of Mines, Past President of the Edmonton
Geological Society and Chairperson for the Student Liaison
Committee for APEGGA and the University of Alberta. Ms. Strand
is also currently a Director on several private companies such
as GravelTech Inc. and 974134 NWT Ltd. Ms. Strand has a B.Sc.
from the University of Toronto and a M.Sc. in Economic Geology
from the University of Western Ontario.
Peter Aubry
Position: Advisor
For 30 years Mr. Aubry has been President of
Aubry Consultants Ltd., a private resource consulting company.
Mr. Aubry is also President of Bopete Resources Ltd. and
Westcal Gas Ltd., both private oil and gas companies. During
the period 1978 to 2000 he was co-founder and Director of two
Toronto Stock Exchange listed junior oil and gas companies,
Zephyr Resources Ltd. and Vero Resources Ltd. and served as
Director of Pan Atlas Energy Inc., also a TSE listed junior
oil and gas company. Most recently Mr. Aubry was Director of
Golden Regent Resources Ltd., a junior mining company involved
in exploration in Nevada and overseas.
Mr. Aubry graduated from Michigan
Technological University in 1959 with a B.Sc. in Geology. In
1996, Mr. Aubry was inducted into the University's
Distinguished Alumni Academy for Geological and Mining
Engineering and Geology, Geological Sciences and Geophysics.
John Kowalchuk
Position: Advisor
Mr. Kowalchuk has more than 33 years of
mineral exploration experience with both senior and junior
companies working in Canada, U.S., Mexico and Chile. He was
District Geologist for Placer Dome for over 6 years and was
instrumental in the discovery of several world-class mineral
deposits in Canada including the Howard's Pass deposit on the
Yukon/NWT border and the Kerr Copper Gold Deposit at Eskay
Creek, B.C. John is currently President and CEO of Diamond
Discoveries International Corp., President of Castillian
Resources Corp., President of Gold Star Resources Corp.,
Director of Action Minerals Inc. and Director of Island
Mountain Gold Mines Ltd.
Carl Schulze, B.Sc., P.Geo.
Position: Consultant
Carl Schulze has over 20 years experience in
mineral exploration and mining. He is a graduate of Lakehead
University (B.Sc. 1984). Mr. Schulze has worked throughout
Canada for Noranda Exploration Company Ltd., Hemlo Gold Mines
Inc., Battle Mountain Ltd., Viceroy Exploration Inc. and
Novagold Resources Inc. More recently, Mr. Schulze worked as
Resident Geologist for the Government of Nunavut before
founding All-Terrane Mineral Exploration Services based in
Whitehorse, Yukon. Mr. Schulze is a member of the Association
of Professional Engineers and Geoscientists of British
Columbia and provides geological consulting services to
Firestone Ventures Inc. as an independent "Qualified Person"
as set out under NI 43-101.
Contacts
Firestone Ventures Inc.
Lori Walton
President
(780) 428-3465 or Toll Free: 1-888-221-5588
Fax: (780) 428-3476
info@firestoneventures.com
To request more information:
Click Here.
SEDAR Filings
FV filings with SEDAR can be found
here. All
Fillings are current and the Company is fully reporting.
FORWARD LOOKING
STATEMENTS
This report includes forward-looking
statements that reflect Firestone Ventures Inc. current
expectations about its future results, performance, prospects
and opportunities. Firestone Ventures Inc. has tried to
identify these forward-looking statements by using words and
phrases such as "may," "will," "expects," "anticipates,"
"believes," "intends," "estimates," "plan," "should,"
"typical," "preliminary," "we are confident" or similar
expressions. These forward-looking statements are based on
information currently available and are subject to a number of
risks, uncertainties and other factors that could cause
Firestone Ventures Inc.'s actual results, performance,
prospects or opportunities to differ materially from those
expressed in, or implied by, these forward-looking statements.
These risks, uncertainties and other factors include, without
limitation, the Company's growth expectations and ongoing
funding requirements, and specifically, the Company's growth
prospects with scalable customers, and those outlined above.
Other risks include the Company's limited operating history,
the Company's history of operating losses, consumers'
acceptance, the Company's use of licensed technologies, risk
of increased competition, the potential need for additional
financing, the terms and conditions of any financing that is
consummated, the limited trading market for the Company's
securities, the possible volatility of the Company's stock
price, the concentration of ownership, and the potential
fluctuation in the Company's operating results.
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business plans of the Company, within the meaning of Section
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