{"id":693360,"date":"2018-05-14T17:06:06","date_gmt":"2018-05-14T17:06:06","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=693360"},"modified":"2018-05-14T17:06:06","modified_gmt":"2018-05-14T17:06:06","slug":"mason-resources-report-q1-results-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=693360","title":{"rendered":"Mason Resources Report Q1 Results"},"content":{"rendered":"<p><span style=\"font-style:italic;font-size:16px\">By  <a target=\"_blank\" href=\"https:\/\/investingnews.com\/daily\/resource-investing\/base-metals-investing\/copper-investing\/mason-resources-report-q1-results\/\">Scott Tibballs<\/a><\/span>  <\/p>\n<div class=\"ftpimagefix\" style=\"float:left\"><a target=\"_blank\" href=\"https:\/\/investingnews.com\/daily\/resource-investing\/base-metals-investing\/copper-investing\/mason-resources-report-q1-results\/\"><img decoding=\"async\" width=\"150\" src=\"https:\/\/cdn.investingnews.com\/wp-content\/uploads\/Gold-Outlook-3D-1-Small-2-2.jpeg\" alt=\"gold outlook free report\"><\/a><\/div>\n<p><span>Mason Resources (TSX:MNR) has reported its financial results for the first quarter ended March 31, 2018, detailing a net loss of US$0.3 million, down 57 percent from Q1 2017 when net loss was US$0.7 million.<\/span><\/p>\n<p><span>According to the press release the companies focus going forward will be maximizing market value through assessing and executing on options to move its Ann Mason copper-molybdenum project in Nevada forward. <\/span><\/p>\n<p><span>The company also said that it was undertaking a process to prioritize and progress other growth strategies involving its Lordsburg copper-gold porphyry property in New Mexico and additional potential new exploration acquisitions.<\/span><\/p>\n<p><span>Also highlighted in the press release:<\/span><\/p>\n<ul>\n<li>\n<blockquote>\n<p><span>Operating cash outflow after working capital movements for Q1 2018 was $0.1 million, which was a reduction of 85 percent from the comparative period of 2017 ($0.7 million cash outflow). <\/span><span><\/span><\/p>\n<\/p>\n<\/blockquote>\n<\/li>\n<li>\n<blockquote>\n<p><span>The Company&#8217;s cash balance at March 31, 2018 was $7.1 million with no debt.<\/span><\/p>\n<\/blockquote>\n<\/li>\n<\/ul>\n<p><a target=\"_blank\" href=\"https:\/\/www.newswire.ca\/news-releases\/mason-resources-reports-first-quarter-2018-results-682371592.html\" rel=\"noopener\"><span>Click here to view the full Mason Resources (TSX:MNR) press release.<\/span><\/a><\/p>\n<p><span><\/p>\n<div>\n<div>\n<div><a target=\"_blank\" href=\"http:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"><br \/>\n<\/a><\/div>\n<div align=\"center\">\n<div><a target=\"_blank\" href=\"http:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"><br \/>\n<\/a><\/p>\n<h2>10+ Gold Stocks to Watch<\/h2>\n<h4>Stocks.<br \/>\nExpert Insights.<br \/>\nIndustry Stats.<br \/><\/h4>\n<p><a target=\"_blank\" href=\"http:\/\/investingnews.com\/get-download\/?dtd=369080&amp;mqsc=TA1313450\"> Give me my free report! <\/a>\n<\/div>\n<\/div>\n<p><!-- end large-8 -->\n<\/div>\n<p><!-- end row --><\/div>\n<p><\/span><\/p>\n<p>The post <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/investingnews.com\/daily\/resource-investing\/base-metals-investing\/copper-investing\/mason-resources-report-q1-results\/\">Mason Resources Report Q1 Results<\/a> appeared first on <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/investingnews.com\/\">Investing News Network<\/a>.<\/p>\n<p> <a href=\"https:\/\/investingnews.com\/daily\/resource-investing\/base-metals-investing\/copper-investing\/mason-resources-report-q1-results\/\" target=\"_blank\" id=\"rssmi_more\"> &#8230;read more<\/a> <\/p>\n<p>From:: <a href=\"https:\/\/investingnews.com\/daily\/resource-investing\/base-metals-investing\/copper-investing\/mason-resources-report-q1-results\/\" target=\"_blank\" title=\"Mason Resources Report Q1 Results\">Investing News Network<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Scott Tibballs Mason Resources (TSX:MNR) has reported its financial results for the first quarter ended March 31, 2018, detailing a net loss of US$0.3 million, down 57 percent from Q1 2017 when net loss was US$0.7 million. According to the press release the companies focus going forward will be maximizing market value through assessing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[359],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/693360"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=693360"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/693360\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=693360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=693360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=693360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}