Am Gold Inc (ACERF)

AM Gold, Inc. is engaged in the exploration and development of precious and base metals in Canada and Peru. It primarily explores for gold and copper ores. The Company, through its wholly-owned subsidiary Canper Exploraciones S.A.C., owns a 100% interest in the Pinaya gold-copper project. It comprises of 35 mineral concessions covering approximately 19,200 hectares located in the southeast of the city of Lima, Peru. It also owns a 80% interest in the Red Mountain gold project consisting of 52 mineral property claims covering approximately 3,600 hectares located in the central Yukon Territory, Canada. Further, it also holds a 100% interest in 2 grassroots gold projects, the La Mamita property, which consists of a single concession and covering an area of approximately 1,000 hectares; and Minas Lucho property that comprises 4 mineral concessions covering an area of approximately 2,400 hectares, both located in Peru.