37 Capital is a junior mineral exploration company based in Vancouver with no revenue and no active mining operations. Its primary asset is a 100% interest in the Extra High Claims, a 649-hectare mineral property located roughly 60 km north of Kamloops, BC. The property hosts a known gold-silver-copper-lead-zinc sulphide prospect called the K7 lens, which has been explored intermittently since the 1980s but has never been developed into a producing mine and has no defined resource estimate. 37 Capital also holds a 0.5% gross receipts royalty on certain lithium properties in Ontario, payable only after commercial production begins. The company has no operating revenue and funds its activities — exploration fieldwork and corporate overhead — entirely through capital raises, including private placements, stock options, warrants, and debt. The exploration model is speculative: 37 Capital conducts geological surveys to identify mineral resources, with the goal of attracting a joint venture partner, selling the property, or eventually developing a mine. The Extra High property is subject to a 1.5% Net Smelter Returns royalty payable to a third party. The company was deemed inactive by the Canadian Securities Exchange in 2019, resumed trading in early 2024 under the symbol "JJJ," and has no near-term drilling or development plans.
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