CORPORATE OVERVIEW
Goldrea Resources Corp. (TSX.V: GOR) is a mineral exploration and development company actively engaged in the acquisition, exploration,
and development of mineral properties. The Company has been working on several gold projects in North America and, in January 2004,
launched an ambitious play into the Shandong Daye Mine area, near Rushan City, Shandong Province in
China, the world's fourth largest
producer of gold at that time (behind only South Africa, Australia and the USA). With China's new prominence as the world's top gold
producer in 2007 (first time ever), Goldrea's Chinese activities represent a strategic new step for the Company.
STRONG MANAGEMENT:
The diverse and experienced Board of Directors is led by CEO Mr. Larry Reaugh, who has forty-six year’s experience in the mining industry. Mr. Reaugh is credited
with several producing mines and has raised more than sixty million dollars for exploration and development of mining properties. He also serves as CEO and Chairman
for Molycor Gold Corp and American Manganese Inc.
PROPERTY HIGHLIGHTS:
CHINA
RUSHAN GOLDREA GOLD INC. JOINT VENTURE:
In July/2006 Goldrea completed a
Joint Venture agreement with China Rushan to explore along
strike and down dip from the open pit Daye Gold Mine. The license entails some 65,000 hectares, with the joint-venture area on the east and
west sides of the mine. Goldrea’s Golden Rose Mine shaft has been sunk to final depth of 235 metres, and ore production was begun in 2008.
LUDI JOINT VENTURE :
This agreement with Shandong 3rd Brigade, approved in August 2008, includes eight exploration licences (licenses map) covering 90 square kilometres southwest
of the existing licences held by the Rushan Goldrea Gold JV, and offers an opportunity to explore the downward extensions of the existing ore bodies in the
Daye Mine area.
CANADA
Within Goldrea's diverse property portfolio (gold, silver, platinum, palladium, molybdenum, and copper), of most immediate interest and potential is the
CrowRea Project, a molybdenum
prospect discovered in the mid 90's. Goldrea has since also added Empress and HP molybdenum claims adjoining the CrowRea.
(Visit our
Properties page for more details.)