In summer 2016, Monster Mining Corp. commenced the implementation of a strategy designed to strengthen the Company and enable it to actively advance its projects, to the benefit of shareholders. Recently a $1.5 million private placement financing was completed which will be used toward the Company's two Yukon, Canada projects and for general working capital purposes (see news release dated July 29, 2016). Monster Mining anticipates providing additional updates over coming weeks. We expect to have regular updates and improvements to our website, including the launch of an updated corporate presentation in the near term.
Monster Mining Corp.
is a mineral exploration company focused on projects in Canada's mining-friendly Yukon Territory. The Company's Keno-Lightning projects consists of 329 claims in the storied Keno Hill district, adjacent to Alexco Resource Corp.'s Bellekeno mine and newly discovered Flame & Moth & Bermingham deposits. The history of the Keno Hill dates back over 100 years and, while renowned for silver mineralization, additional efforts in the area have uncovered great potential for gold as well.
Monster Mining also controls 144 claims in the McKay Hill area adjacent to the western end of the large claim block held by ATAC Resources (Rackla) approximately 50 km to the north of Keno.
The Company has recently undertaken steps to strengthen its balance sheet and position the company to advance its promising projects to the benefit of shareholders.