Company founded
Founded as a Canadian mining exploration company, incorporated in British Columbia and listed on the Vancouver Stock Exchange (VSE).
Since 1974
Founded in 1974 as a Canadian mining exploration company, Bianca Resources Ltd. was incorporated in British Columbia and listed on the Vancouver Stock Exchange (VSE). In 1977, its work centered on geological prospecting and core drilling for gold, lead, and zinc in the Hummingbird Mining District, northeast of Vancouver.
In the oil boom of the late 1970s, the Company participated in over 25 production wells in northeastern Ohio and, with a U.S. partner, completed three successful wells in West Texas's Permian Basin. It also took part in an exploration well in Montana, three locations in the Denver-Julesburg Basin, and an exploration well in Lafourche Parish, Louisiana.
The Company underwent a reorganization in late 1981, relocating its registered offices from Westmount Road in West Vancouver to the Montreal Trust Building on West Pender Street in downtown Vancouver. The publicly listed entity was subsequently liquidated, and its successor, Bianca Resources Ltd., a U.S. corporation, assumed the assets and liabilities of the legacy U.S. properties.
Founded as a Canadian mining exploration company, incorporated in British Columbia and listed on the Vancouver Stock Exchange (VSE).
Geological prospecting and core drilling for gold, lead, and zinc in the Hummingbird Mining District, northeast of Vancouver.
Participated in over 25 production wells in northeastern Ohio and, with a U.S. partner, completed three successful wells in West Texas's Permian Basin, plus exploration wells in Montana, the Denver-Julesburg Basin, and Lafourche Parish, Louisiana.
Registered offices relocated from Westmount Road in West Vancouver to the Montreal Trust Building on West Pender Street in downtown Vancouver.
The publicly listed entity was liquidated, and its successor, Bianca Resources Ltd., a U.S. corporation, assumed the assets and liabilities of the legacy U.S. properties.
Bianca is starting a geological mapping program in the Mountain Pass area along the Nevada-California border.
Mining and Oil and Gas
Building on its mining heritage, Bianca is starting a geological mapping program in the Mountain Pass area along the Nevada-California border. The neighboring Mountain Pass Mine is the only U.S. producer of critical rare-earth minerals.
The Company continues to evaluate opportunities in the oil and gas sector. They expect to resolve issues with the operator and other working interest owners of the three Permian Basin wells; then make additional investment in the play.
Leadership
BS MS, former geologist with US Geological Survey, EPA, and Sealaska Corporation in Juneau Alaska.
BS MS P.Geol, former Senior Exploration Geologist with ExxonMobil, college professor and Director of Horn Resources Group, a family company founded in 1921.
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