International Mineral Exploration & Drilling
Cougar Metals NL is a global explorer listed on the Australian Securities Exchange (ASX:CGM). The Company holds precious and base metal projects in Canada, Brazil and Australia and operates a contract drilling business in Brazil, GeoLógica Sondagens.
In Canada, the Company’s Shoal Lake Gold Project is located in the Province of Ontario with excellent access just 15km south of the Trans Canadian Highway. This project is the current focus of exploration activities.
In Brazil, the Company holds mineral tenements in the emerging Alta Floresta Gold Belt of Mato Grosso State where its activities have led to new discoveries and culminated in a trial mining operation.
In Australia, the Company’s Pyke Hill Nickel Project is located 40km southeast of the World Class Murrin Murrin Nickel Operation. Cougar holds the laterite nickel and cobalt rights at Pyke Hill and published a Measured and Indicated Resources of 14.7 million tonnes grading 0.9% Ni and 0.06% Co in March 2008.
The Company’s drilling business provides surface diamond, reverse circulation and RAB drilling services throughout Brazil.