Company Description
Stinger Resources Inc. (OTCQB: STNRF) is a Canadian mineral exploration company focused on gold and silver properties in the province of British Columbia. While the industry classification provided for this page references crushed and broken limestone mining and quarrying, the company’s own disclosures describe a portfolio centered on precious metals projects, with an emphasis on exploration and development activities in well-known mining districts of British Columbia.
Core business focus
According to multiple company announcements, Stinger Resources holds interests in gold and silver properties in British Columbia. The company describes itself as a Canadian gold exploration and development company, highlighting a group of projects that are at various stages of exploration. Its activities, as reflected in public news releases, include maintaining and consolidating mineral claims and managing option agreements on prospective properties.
Key projects and properties
Stinger Resources repeatedly identifies several core projects in its portfolio:
- Dunwell Mine project: A 100% owned, past-producing gold and silver mine located near Stewart in the prolific "Golden Triangle" region of northwest British Columbia. The company notes that the Dunwell Mine project is part of a large block of claims in a historically rich area.
- Gold Hill project: A 100% interest in the Gold Hill property, described as being located in the headwaters of the Wild Horse (or Wildhorse) River near Fort Steele in southeast British Columbia, including an area on Boulder Creek.
- Silver Side property: Stinger Resources reports owning 100% of the Silver Side property, which is identified among its British Columbia mineral holdings.
- Ample Goldmax property: The company discloses an optioned or earn-in interest in the Ample Goldmax property, located in other prospective areas of British Columbia.
- Glitter King property: In some disclosures, Stinger Resources notes earn-in options on the Glitter King property, also in British Columbia.
In an announcement regarding mineral claim acquisitions in the Stewart camp of British Columbia’s Golden Triangle, the company states that it acquired specific mineral claims to tie the original Dunwell Mine claims to the Glacier Creek claims, creating one large block of claims in a historically rich area. The company further notes that the Dunwell Mine claims control a significant fissure zone containing numerous high-grade polymetallic mineral occurrences.
Geographic focus
The company’s projects are all described as being located within the province of British Columbia, Canada. Within the province, Stinger Resources highlights two main regions:
- Northwest British Columbia, near Stewart, in the Golden Triangle, where the Dunwell Mine project and related mineral claims are situated.
- Southeast British Columbia, near Fort Steele and on Boulder Creek in the headwaters of the Wild Horse (or Wildhorse) River, where the Gold Hill project is located.
Other properties, including Ample Goldmax, Silver Side, and Glitter King, are described as being located in "other prospective areas" of the province, without further geographic detail in the provided disclosures.
Corporate and listing information
Stinger Resources Inc. is identified in the news releases as a Canadian corporation with its corporate communications issued from Cardston, Alberta. The company has reported listings on multiple markets:
- TSX Venture Exchange (TSXV: STNG): Several earlier news releases refer to the company’s common shares trading on the TSX Venture Exchange under the symbol STNG.
- Canadian Securities Exchange (CSE: STNG): In a later announcement, Stinger Resources reports that its common shares are expected to commence trading on the Canadian Securities Exchange, with a voluntary delisting from the TSX Venture Exchange. The company states that the trading symbol "STNG" remains unchanged in connection with this move.
- OTCQB (STNRF): One news release identifies the company’s shares as trading on the OTCQB market under the symbol STNRF.
The company’s own disclosures do not provide a founding year or detailed historical background in the materials supplied for this page.
Exploration and corporate activity
Public announcements indicate that Stinger Resources is active in managing its property portfolio and corporate structure. Examples of disclosed activities include:
- Mineral claim acquisitions in the Golden Triangle region to consolidate ownership around the Dunwell Mine and Glacier Creek claims, creating a larger, contiguous land package.
- Stock option grants and cancellations under the company’s incentive share or stock option plans, involving directors, officers, consultants, and contractors. These actions are described in detail in several news releases, including the number of options, exercise prices, terms, and references to applicable exchange policies.
- Shareholder governance through annual general meetings, where shareholders vote on matters such as the number of directors, election of directors, appointment of auditors, and approval of the company’s stock option plan.
These disclosures collectively portray a company focused on exploration-stage precious metals projects and on maintaining the corporate and capital structure typical of a junior exploration issuer.
Business model context
Within the limits of the available information, Stinger Resources’ business activities, as described in its news releases, center on holding and advancing mineral exploration properties for gold and silver in British Columbia. The company emphasizes its interests in past-producing and prospective properties in established mining regions, particularly the Golden Triangle and other prospective areas of the province. The provided materials do not detail specific production levels, revenue sources, or downstream activities beyond exploration and property interests.
Regulatory and exchange environment
The company’s announcements reference oversight and policies of Canadian exchanges, including the TSX Venture Exchange and the Canadian Securities Exchange, in relation to stock option plans, listings, and delistings. Each release also notes that the respective exchanges and their regulation service providers do not accept responsibility for the adequacy or accuracy of the releases. No U.S. SEC filings are provided for Stinger Resources in the materials for this page.
Position within the mining sector
Based on the information supplied, Stinger Resources fits within the broader mining, quarrying, and oil and gas extraction sector, with a specific focus on precious metals exploration in British Columbia. The company’s portfolio of gold and silver properties, including a past-producing mine and multiple optioned or owned projects, aligns with the profile of a junior exploration company operating in established Canadian mining jurisdictions.
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SEC Filings
No SEC filings available for Stinger Res.