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Adriana Resources (ANARF)

Adriana Resources (ANARF)
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Adriana Resources Inc. is an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The Company owns a 40% interest in the Lac Otelnuk iron ore project that consists of 1,267 contiguous mineral claims totaling approximately 600 square kilometers located in the Labrador Trough in the Nunavik region of northern Québec. It is also involved in the development of an iron ore port facility in Brazil. The Company's vision is to become a fully integrated iron ore producer through continued development of its iron ore port facility in Brazil, through acquisition of iron ore mineral resources in Brazil, and the advancement of its iron ore projects in Québec, Canada. In 2007, Brazore Ltda., an Adriana Resources subsidiary, purchased a strategic development site to construct an iron ore port facility. The Company currently has one iron ore project located in Quebec named Lac Otelnuk and one iron ore project located in Newfoundland & Labrador named Bedford Iron Prospect.
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