Welcome to United Reef
United Reef Limited, founded in 1948, is a Toronto-based exploration stage company engaged in the generation,
acquisition and exploration of mineral projects with good discovery potential.
The Company's current focus is on advancing its base and precious metals projects at McFauld's Lake
(northwestern Ontario) and Hants County (Nova Scotia) and the Nickel Offsets property (Sudbury Basin)
which is under option to URSA Major. United Reef also has exposure to the oil and gas sector through its
investment in General Reef Corporation and through a farmin right (currently under force majeure) in the
Central African Republic. Some of United Reef's historic assets continue to hold promise through retained
royalty interests.
Highlights
McFauld's Lake property, James Bay Lowlands, Ontario (Base Metals)
Hants County property, Nova Scotia (Gold-Base Metals)
Nickel Offsets property, Sudbury, Ontario (Ni, Cu-PGE's)
- URSA Major granted option March ’08 to earn 70% interest in the property by making $1.25 MM of exploration expenditures over 3 years and total cash payments of $75,000 to United Reef
- 12 patented & 5 unpatented claims covering 883 acres, 2.3-km of Foy Offset dike
- Nickel Offsets Mine produced +200,000 tons of Ni-Cu ore in 1940-50's
- exploration neighbours include FNX, Wallbridge, Xstrata, and Vale Inco
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Oil & Gas Interests
- Western Canada: United Reef owns 40% of General Reef Corporation, a private Alberta oil and gas exploration company. read more
- Central African Republic (project currently under Force Majeure): right to earn 25% interest in a 55,504 km² oil & gas permit and contract; 18 defined prospects in the Salamat Basin in CAR from 200 to 6,500 ha read more
Royalty Interests
- various royalty interests in several mining and exploration camps: CAR (Passendro project), Sudbury (Foy Offset), Red Lake (Aiken-Russett)
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