Revett Minerals Inc
(AMEX: RVM)
0.78
+0.01
+1.81%
+0.01
+1.81%
MORE ON RVM
COMPANY INFORMATION
| Exchange: | American Stock Exchange |
| Stock: | Revett Minerals Inc. |
| Industry: | Industrial Metals & Minerals |
| Employees: | 209 |
DESCRIPTION
| Revett Minerals Inc. was incorporated in August 2004. The Company is a silver-copper producer. It owns and operates the producing Troy Mine and the development-stage Rock Creek project; both properties are located in northwestern Montana. Its mining properties are Troy and Rock Creek. Troy is underground silver and copper mine located in Lincoln County, Montana, approximately fifteen miles south of the town of Troy. Rock Creek is a large exploration-stage silver and copper property located in Sanders County, Montana, approximately five miles northeast of Noxon, Montana. The mine comprises 24 patented lode-mining claims, 510 unpatented lode-mining claims, approximately 905 acres of fee land and approximately 394 acres of patented claim land. The Company also owns two unpatented claim groups in nearby areas of Sanders County, the Vermillion River and the Sims Creek properties, which comprise approximately 1,660 acres and are located approximately 25 miles southeast of Rock Creek. Limited drilling was conducted by the previous owner of the Vermillion River claim group. Additionally, it also owns approximately 673 acres of fee land that will be used primarily for mitigation as the Rock Creek project is developed. The Company is subject to a variety of federal, state and local statutes, rules and regulations designed to protect the quality of the air and water, and threatened or endangered species in the vicinity of its mining operations. |
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