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NER – Newmac Resources Inc

Compliant

★★★★★

Newmac Resources Inc is Shariah compliant. The company passes all five major Shariah standards.

$2,161,817

Market cap

-

Revenue Growth

-

Analysts' Rating

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N/A

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

Newmac Resources Inc. is a Canada-based junior exploration company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties located in British Columbia, Canada. The Company’s Crazy Fox Moybdenum-Tungsten property is located approximately 100 kilometers (kms) north of Kamloops BC. The Company acquired a 100% interest in the Crazy Fox Molybdenum-Tungsten Property, located approximately 20 km northwest of Little Fort, British Columbia. A 3% net smelter royalty (NSR) is reserved for the vendors. Approximately 14000 meters or 46000 feet of drilling has been completed by the Company’s Drill contractor DJ DRILLING of Aldergrove BC and Watson Lake Yukon. Drilling on the Crazy Fox property has been NQ sized core with deep drilling using HQ equipment and reducing below the thrust fault to NQ.

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