Chibougamau Independent Mines Inc Stock Toronto S.E.

Chibougamau Independent Mines Inc. is a Canada-based natural resources exploration and development company with properties located in the area of Chibougamau, Quebec. The Company is focused on finding economic mineral deposits and reviving production in the Chibougamau mining camp. It holds approximately 12 exploration properties. It retains a 2% gross metal royalty (GMR) on all iron and vanadium produced from the property. The Company's properties included in the Chibougamau Mining Camp are Baie Malouf, Bateman Bay, Berrigan Mine, Berrigan South, Buckell Lake, Copper Cliff Extension, Grandroy, Gwillim, Kokko Creek, Lac Antoinette, Lac Chibougamau, Lac David Sud, Lac Elaine, Lac Simon, Mont Sorcier, Nepton, Quebec Chibougamau GoldFields and Virginia Option. The Bateman Bay gold-copper-silver (Au-Cu-Ag) mine and two former mining blocks constitute the Bateman Bay property, which is composed of approximately 15 mining claims totaling 353 hectares that are owned by the Company.