Trend Mining Company
5439 South Prince Street
Littleton, Colorado 80120
 
Phone: 303-798-7363
Fax: 303-798-7374
 


Trend Mining Company Corporate Profile  (TRDM.OB)

Trend Mining Company is a diversified, U.S.-based minerals company that offers investors exposure and leverage to discovery of base and precious metals.  Trend's properties include its royalty interest in the producing Andacollo gold mine in Chile, the advanced stage Mouat nickel-copper deposit in Montana, and a compelling portfolio of uranium, PGM, and base metal exploration projects in the United States and Canada.  Trend is led by highly-qualified management and Board of Directors.  Trend is a fully reporting company the common stock of which trades on the OTC Bulletin Board.

  • Advanced stage Mouat nickel-copper deposit, Montana (30.8 million tons @ 0.38% Ni and 0.34% Cu.  Trend expects to re-open the Mouat tunnel in for direct underground access for sampling and further evaluation – Trend’s nearest term exploration success.
  • 1% royalty interest from producing Andacollo gold mine (recoverable reserve +250,000 oz); as much as 75% of reserve may be recovered in first years – nearest term cash flow;
  • Unconformity-type uranium project, Athabasca Basin, Saskatchewan – biggest upside; and
  • PGM (platinum group metals) and Cu-Ni projects in the United States and Canada – solid exploration encouragement;
  • June, 2006, Trend brought in partner RMP Resources (private) to explore Lake Owen, Wyoming (PGM-Ti-V-Fe project).

The new management team, installed in mid-2004, cleaned up the Company; raised $1.6 million, paid off creditors; acquired a high profile uranium project in the Athabasca Basin of Saskatchewan and found a Canadian partner to explore it, acquired an option to earn a 50% interest in the Mouat nickel copper deposit and adjacent claims which are highly prospective for platinum and palladium; and acquired a gold royalty at no cost on the now producing Andacollo gold mine in Chile.  Trend’s recent multi-step reorganization poises the Company for growth as it focuses on developing the Mouat deposit. 

The Andacollo gold royalty commenced paying gold revenues to Trend in May of 2006.  The Company is now on a growth track and will focus its primary efforts on exploring and proving up the Mouat deposit.  Later in the year, Trend will seek additional capital to advance its high potential projects and it may then be appropriate to seek a listing on the TSX.

CORPORATION

Address:
5439 South Prince Street
Littleton, CO 80120
Phone: (303) 798-7363
Facsimile: (303) 798-7374 

Website:   www.trendmining.com
Symbol:
    TRDM.OB (OTC Bulletin Board)

Capital Structure:  Shares outstanding:  49 million. Fully diluted, ~100 million. Management and Directors own approximately 8% of the Company.

Convertible debentures (table to be updated as of September 30th in December of 2006)

$0.83 million (10%) principal amount, convertible debenture, San Francisco-based mutual funds

$1.11 million (10%) principal amount, convertible debenture, private accredited investor

$0.94 million (8%) principle amount, convertible debenture, Kaplan entities
$2.88 million

 

 

Stock Quote

Trading Symbol: TRDM (OTC)

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