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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Fairmont Resources (delisted) | TSXV:FMR | TSX Venture | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0 | - |
From Jul 2019 to Jul 2024
Fairmont Resources' key projects, Marmion South Contact, Powell-Clay, and Houghton Creek properties are all located in the mining friendly jurisdiction of Ontario, which have a history of not only past production but recent discovery. One of these properties, Marmion South Contact, is contiguous with Osisko's well-known Hammond Reef gold deposit which contains an 43-101 compliant inferred resource of 10.52 million ounces of gold at 0.62 g/t. The Hammond Reef project has been one of the largest drilling/exploration projects in North America in the last couple of years.
In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
"Given that Hammond Reef is the most advanced project in Osikso's pipeline with all indicators pointing to its being Osikso's next mine and the potential for Fairmont to discover significant gold mineralization on its contiguous Marmion South Contact property, we view FMR as an inexpensive way to play the likely blockbuster success of Hammond Reef."
To view a summary of the report or download the report in its entirety, please visit www.goldmanresearch.com
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces small cap and micro cap stock research reports, daily stock market blogs, and popular investment newsletters. For more information, visit www.goldmanresearch.com.
A Goldman Small Cap Research report is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read the report's full disclosures and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit www.goldmanresearch.com.
About Fairmont Resources Inc. (TSX-V:FMR) (OTCPK:FRSSF): Fairmont is a mineral exploration company focused on exploration and development of its Marmion South Contact, Clay-Powell, and Houghton Creek properties all of which are located the mining friendly jurisdiction of Ontario. For more information on Intertainment and its properties, visit the Company's website at http://www.fairmontresources.com.
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CONTACT: Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
rob@goldmanresearch.com
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