Junior mining company active in the acquisition, exploration and development of resource properties in Newfoundland (Gold) and Labrador (Uranium)
Gold PRODUCER (40% JV): 240,000 oz Au deposit + expansion potential; 16 MILLION shares of PXR-v
New Island Resources Inc. is a junior mining company active in the acquisition, exploration and development of resource properties in the Province of Newfoundland and Labrador.
Its main assets are the Pine Cove gold property near Baie Verte, the large Glover Island property in Grand Lake, two properties near Crew Gold's Nugget Pond gold mill on the Baie Verte Peninsula, and marble deposits near Deer Lake.
New Island seeks to enhance shareholder value by exploring and developing resource properties with competent joint venture partners.