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Fairmont Resources Inc. (FMR:TSX-V) - February 2nd 2017

Fairmont Resources Inc. (FMR:TSX-V)
Original Price: $ 0.025
Current Price: $ 0.105

Company Profile

Fairmont Resources Inc. (FMR:TSX-V) is a Canadian industrial minerals exploration and development company that intends to build long term cash flow through production on its strategically located projects. Fairmont is currently focused on its two dense aggregate properties, three quartzite properties located within 100km of the Port of Saguenay, Quebec, a lithium property near Val d’Or, as well as some quartz licenses and associated processing facilities in Spain that the company is working to acquire. 

Fairmont’s focus on industrial minerals is intended to reduce long term volatility, as well as to reduce the capital, time, and risk in project development. Industrial minerals have lower pricing volatility, easier permitting, and lower development costs than precious minerals, often with no milling costs.  Industrial minerals have a wide variety of applications including industrial, metallurgical, infrastructure, chemical, agricultural, etc.

Management of Fairmont is very focused on cash flow producing properties and assets that can be started up quickly with minimal capital requirements.  Like the majority of small-cap resources, Fairmont will require additional capital to commence production and to complete the Spain acquisition.  However, Fairmont has recently been able to complete a small financing and is attracting a much larger audience of investors and analysts with its recent acquisitions of the Grabasa assets in Spain and the Rome lithium property in Quebec.

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Canadian Small Caps

Canadian Small Caps

CLICK HERE to view the presentations from the Spring 2016 Small-Cap Conferences.

We are pleased to publish the PowerPoint presentations from The Small-Cap Conferences that were held in Calgary on March 30, 2016 and in Vancouver on May 3, 2016.

We encourage investors to review the presentations and contact the companies with any further questions.

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