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Stock Guru Featured Client: Copper King Mining Corp. (CPRK.PK)

Copper King Mining Corp. (CPRK.PK) is a company that engages in the extraction and mining of ores while employing the most environmentally friendly processes available on a best-efforts basis. The company has set its sights on “going green” in its ore processing.

Copper King Mine, originally deeded in 1937 (at which time 65,000 ounces of gold were mined from the area), was rediscovered in 2007. Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent-deeded mining claims that contain gold, silver and copper. The company has added to its holdings by filing 6 more claims on land that was inside its holdings and contiguous to that acreage.

The company plans to raise money to do a sonogram survey of the area. Based on those results, Bullion Monarch Mining has agreed to come in and provide a drilling program to prove reserves. Upon successful completion of the drilling program, Monarch and Copper King will joint-venture further development. The long-term goal is to sell the project to a major mining operation for shares in their company.

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