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 Jun 09, 2009
News Releases Corporate Update more... Apr 30, 2009 Financial Statements Fiscal 2009 First Quarter Financials more... Jan 31, 2009 Financial Statements Fiscal 2008 Year End Financials more... |
| |  Metropolitan Mining is a junior mining company focused on the acquisition, exploration, and development of mineral properties. On July 15, 2008, Metropolitan completed its initial public offering of 3,000,000 common shares, at a price of $0.30 per share. First Canada Capital Partners Inc. acted as agent for the IPO. Effective July 18, 2008, the shares of Metropolitan commenced trading on the TSX Venture Exchange, under the trading symbol "MNZ". Currently focused in Argentina, the Company has an option to earn up to a 60% interest in the Fruso Property, located in the province of Salta, in the Puna of northwestern Argentina. The Fruso Property was originally identified by Rio Tinto by satellite imagery. Two porphyry copper occurances were identified as a result of exploration undertaken by Mansfield Minerals in 1998 and subsequently continued after the sale of the Fruso Property to Salta Exploraciones S.A. ("SESA") in 2004. In October 2007, nine trenches were excavated and sampled as part of exploration work undertaken by SESA, on behalf of Metropolitan. According to Metropolitan's consulting geologist, Mr. Kenneth Dawson, Ph. D., the person that prepared the 43-101 report contained in Metropolitan's prospectus dated June 6, 2008, potentially economic copper mineralization is indicated in certain locations. |
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