Project Stage: Exploration, Development
Commodities: Gold, Copper, Silver, Zinc, Lead, Manganese
Location: Canada, Mexico, Ireland, UK
Buchans Resources Limited is a Canadian mineral exploration company engaged in zinc-lead exploration and development in Canada, the United Kingdom and Ireland and in evaluating a manganese project in New Brunswick, Canada. Buchans also has an investment in base metal and silver projects in Mexico through its 22% interest in ownership of Xtierra Inc.
On November 4, 2019, Buchans announced a proposed group restructuring under a “Plan of Arrangement” whereby the shares of two of its wholly-owned subsidiaries will be distributed to Buchans Shareholders. Completion of the Plan of Arrangement is subject to a number of conditions including, but not limited to, approval by the shareholders at an Annual and Special Meeting of Shareholders to be held in Toronto on Tuesday December 10, 2019.
Buchans Resources will be showcasing their projects to prospective investors at Mines and Money Online Connect. Apply for your complimentary investor pass here.