Atacama Resources International, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
May 08, 2019 at 02:53 pm EDT
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Atacama Resources International, Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was USD 15,500 compared to USD 391 a year ago. Operating loss was USD 240,069 compared to USD 1.165 million a year ago. Net loss was USD 218,932 compared to USD 1.598 million a year ago. Basic earnings per share from continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.008 a year ago.
Atacama Resources International, Inc. is a mineral exploration company with mining claims in the greater Kirkland Lake area of Northern Ontario. Metals and minerals under potential exploration include gold, silver, lithium, graphite, and cobalt. The Companyâs Ontario properties include Heighington Lithium Property, Atakokan Lithium Property, Carbonatite Properties, Tannahill Gold Property, Atacama 3 Property, Golden Eagle Property, and Cabo Cobalt/Diamond Property. The Heighington Lithium Property consists of 12 units located north of Cochrane. The Companyâs Atakokan Lithium Property consists of two units situated to the east of Atikokan with a section of the transcanada highway cutting across the northwest section of the claim block. The Carbonatite Properties consist of about 35 units that cover a significant portion of a massive Alkalic Intrusive unit with Carbonatite. Tannahill Gold Property consists of 29 claim units located to the northeast of the Kirkland Lake Gold camp.
ATACAMA RESOURCES INTERNATIONAL, INC. 
