Metal Prospecting AS
Metal Prospecting AS (MetPro) is a Norwegian exploration company with projects in the county of Nord-Trøndelag. Norway’s recent recognition of its untapped mineral potential has embarked upon stimulus programs from National, Regional and Local governments to increase mining activities across the Country. The government’s positive attitude towards mining and the untapped mineral potential, gives MetPro a high chance of success and makes Norway a very interesting Country for future mine development.
Business idea, targets and strategy
MetPro’s business idea is to create shareholder value by pursuing cost effective exploration programs in order to identify, develop and mine profitable base and precious metal deposits in the Nordic countries, in the short term mainly in Norway. MetPro intends to exploit deposits by starting mining operation under its own management or in cooperation with other companies, alternatively sell all or part of the deposits.
MetPro’s targets are to:
– Within a period of four years start mining in Skiftesmyr and Godejord.
– Over the coming two years firstly perform further exploration on at least another two prioritized mineralized areas containing base and precious metals, in order to establish potentially mineable deposits.
– In due time start further mining operations in additional deposits under own management or in cooperation with other companies, alternatively sell all or part of these deposits.