Report

Firesteel Resources Inc. (TSXV: FTR / FSE: 2FN) – Advancing the Laiva Gold Mine in Finland Back to Production - Initiating Coverage

FTR

Underlyings
Agnico Eagle Mines Limited

Agnico-Eagle Mines is a gold mining company with mining operations in Canada, Mexico and Finland. Co. earns a proportion of its revenues from the production and sale of gold in both dore bar and concentrate form. The remainder of revenue and cash flow is generated by the production and sale of byproduct metals. The revenue from byproduct metals is mainly generated by production at the LaRonde mine in Canada (silver, zinc, copper and lead) and the Pinos Altos mine in Mexico (silver).

Dragon Mining

Dragon Mining is engaged in gold mining in Sweden and Finland. Co. is also engaged in the exploration, evaluation and development of gold projects in the Nordic countries. Co.'s subsidiary, Dragon Mining (Sweden) AB, produces gold bullion from the Svartliden Production Centre located in northern Sweden; and its Dragon Mining Oy subsidiary in Finland produces gold concentrate from the Vammala Production Centre, processing ore from the Orivesi and Jokisivu Gold Mines.

Firesteel Resources Inc.

Firesteel Resources, directly and through joint ventures, is engaged in the evaluation, acquisition and exploration of mineral properties in Canada.

Imperial Metals

Imperial Metals is engaged in the acquisition, exploration, development, mining and production of base and precious metals.

Nordic Mines

Prosper Gold Corp

Lander Energy is a Capital Pool Company as defined in Policy 2.4 of the TSX Venture Exchange. Co. has not commenced commercial operations and has no significant assets other than cash.

Provider
Fundamental Research
Fundamental Research

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Analysts
Sid Rajeev

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