Atacama Resources International, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 15, 2019 at 07:54 pm IST
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Atacama Resources International, Inc. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was USD 0 compared to USD 15,500 a year ago. Operating loss was USD 308,064 compared to USD 54,786 a year ago. Net loss was USD 185,427 compared to USD 24,516 a year ago.
Atacama Resources International, Inc. is a mineral exploration company with mining claims in the greater Kirkland Lake area of Northern Ontario. Metals and minerals under potential exploration include gold, silver, lithium, graphite, and cobalt. The Companyâs Ontario properties include Heighington Lithium Property, Atakokan Lithium Property, Carbonatite Properties, Tannahill Gold Property, Atacama 3 Property, Golden Eagle Property, and Cabo Cobalt/Diamond Property. The Heighington Lithium Property consists of 12 units located north of Cochrane. The Companyâs Atakokan Lithium Property consists of two units situated to the east of Atikokan with a section of the transcanada highway cutting across the northwest section of the claim block. The Carbonatite Properties consist of about 35 units that cover a significant portion of a massive Alkalic Intrusive unit with Carbonatite. Tannahill Gold Property consists of 29 claim units located to the northeast of the Kirkland Lake Gold camp.