We are a junior exploration stage company that has not yet generated or realized any revenues from business operations. We currently hold interests in mineral properties located in the Rio Negro and Santa Cruz provinces of Argentina and in the Province of British Columbia, Canada. All of the surface rights and the mineral exploration licenses with respect to the Argentine claims are registered in the name of our Delaware subsidiary, SCRN Properties Ltd., while all of the mineral tenures with respect to our British Columbia claims are registered in the name of our company. One of the properties located in the Santa Cruz province of Argentina consists of surface rights and a group of claims that we refer to as the Pinguino property and we have concentrated the majority of our exploration efforts on this property. During the next year we intend to continue to focus our exploration efforts primarily on the Pinguino property, where we have had exploration success in discovering polymetallic mineralization in the past, though we also plan to increase our pre-drilling exploration efforts on our Cerro Contreras and Condor properties and conduct reconnaissance level exploration on other select properties. We believe that additional targeted exploration expenditures in the form of geophysics, soil geochemistry, trenching and drilling on the Pinguino property continues to be warranted to test the limits of known mineralization as well as new target testing. Our British Columbia claims were acquired on June 7, 2010. They consist of group of three contiguous mineral tenures known as the Clapperton Property, covering an aggregate of approximately 825 hectares of land located in south central British Columbia, Canada, approximately 25 kilometers northeast of the town of Merritt, British Columbia. These mineral tenures will expire on June 7, 2011 unless we maintain ownership by spending at least $3,301 in annual exploration expenses on these properties or paying an equivalent amount in lieu. We plan to conduct reconnaissance exploration and a property examination in order to assess the mineral potential of these claims on a going forward basis and we do not plan to let them expire on June 7, 2011.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Delbrook Corp
SEC CIK
Corporate docs
IRS number
710867623
Latest filings (excl ownership)
15-12G
Securities registration termination
3 Feb 16
6-K
Condensed Interim Consolidated Financial Report
11 Dec 15
6-K
Current report (foreign)
3 Dec 15
6-K
Current report (foreign)
10 Nov 15
6-K
Condensed Interim Consolidated Financial Report
28 Sep 15
6-K
Argentex Signs Binding Offer Letter to be Acquired by Austral Gold
31 Aug 15
6-K
Current report (foreign)
31 Aug 15
6-K
Condensed Interim Consolidated Financial Report
22 Jun 15
20-F
2015 FY
Annual report (foreign)
26 May 15
6-K
Annual Consolidated Financial Statements
26 May 15
Latest ownership filings